Northeast Ohio Medical University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,131,510 | 1,034,747 | 96,763 | 176.7 | 0% |
| 2012 | 1,130,205 | 1,140,488 | −10,283 | 139.8 | 0% |
| 2013 | 1,549,850 | 1,375,051 | 174,799 | 125.2 | 0% |
| 2014 | 3,629,053 | 2,602,441 | 1,026,612 | 76.6 | 0% |
| 2015 | 3,333,887 | 2,174,539 | 1,159,348 | 97.7 | 0% |
| 2016 | 3,521,528 | 2,925,554 | 595,974 | 70.5 | 0% |
| 2017 | 3,797,802 | 2,723,633 | 1,074,169 | 81.6 | 0% |
| 2018 | 2,889,197 | 1,827,539 | 1,061,658 | 129.9 | 0% |
| 2019 | 6,180,509 | 1,996,610 | 4,183,899 | 142.7 | 0% |
| 2020 | 6,821,378 | 2,327,755 | 4,493,623 | 136.5 | 0% |
| 2021 | 4,627,290 | 3,222,637 | 1,404,653 | 119.5 | 2% |
| 2022 | 5,634,927 | 3,534,157 | 2,100,770 | 95.3 | 6% |
| 2023 | 8,046,536 | 2,651,127 | 5,395,409 | 158.1 | 6% |
In its most recent public year (2023), this organization brought in $5,395,409 more than it spent. Its reserves stood at about 158.1 months of spending, down from 176.7 in 2011. Staff pay was 6% of spending. $31,162,907 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
Northeast Ohio Medical University Foundation'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