Memorial Health Systems Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 631,651 | 422,340 | 209,311 | 155.4 | 0% |
| 2012 | 681,889 | 517,652 | 164,237 | 137.0 | 0% |
| 2013 | 941,409 | 430,719 | 510,690 | 180.9 | 0% |
| 2014 | 906,815 | 302,963 | 603,852 | 281.0 | 0% |
| 2015 | 889,201 | 1,261,257 | −372,056 | 59.4 | 0% |
| 2016 | 845,053 | 635,118 | 209,935 | 125.2 | 0% |
| 2017 | 920,048 | 653,171 | 266,877 | 137.8 | 0% |
| 2018 | 736,108 | 149,269 | 586,839 | 582.9 | 0% |
| 2019 | 764,800 | 251,904 | 512,896 | 409.9 | 0% |
| 2020 | 440,828 | 159,468 | 281,360 | 719.5 | 0% |
| 2021 | 1,174,706 | 694,663 | 480,043 | 189.5 | 0% |
| 2022 | 624,712 | 159,950 | 464,762 | 850.5 | 0% |
| 2023 | 1,980,858 | 1,634,694 | 346,164 | 85.6 | 0% |
In its most recent public year (2023), this organization brought in $346,164 more than it spent. Its reserves stood at about 85.6 months of spending, down from 155.4 in 2011. Staff pay was 0% of spending. $6,173,532 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Memorial Health Systems Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works