Parma Hospital Health Care Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 715,238 | 316,138 | 399,100 | 122.4 | 24% |
| 2011 | 543,436 | 330,085 | 213,351 | 111.7 | 24% |
| 2012 | 679,753 | 1,317,102 | −637,349 | 24.1 | 0% |
| 2013 | 829,682 | 387,736 | 441,946 | 101.5 | 31% |
| 2014 | 3,273,831 | 1,355,002 | 1,918,829 | 49.9 | 12% |
| 2015 | 860,364 | 420,762 | 439,602 | 155.0 | 0% |
| 2016 | 230,215 | 1,166,137 | −935,922 | 50.7 | 0% |
| 2017 | 675,885 | 301,205 | 374,680 | 236.3 | 0% |
| 2018 | 1,634,596 | 129,390 | 1,505,206 | 632.3 | 0% |
| 2019 | 993,095 | 2,162,175 | −1,169,080 | 35.5 | 0% |
| 2020 | 1,733,230 | 960,192 | 773,038 | 99.2 | 0% |
| 2021 | 1,883,593 | 549,863 | 1,333,730 | 206.4 | 0% |
| 2022 | 1,655,800 | 537,943 | 1,117,857 | 176.7 | 19% |
| 2023 | 1,716,268 | 516,857 | 1,199,411 | 231.1 | 23% |
In its most recent public year (2023), this organization brought in $1,199,411 more than it spent. Its reserves stood at about 231.1 months of spending, up from 122.4 in 2010. Staff pay was 23% of spending. $5,495,854 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
Parma Hospital Health Care 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