Lorain County Medical Society Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,776 | 55,061 | 15,715 | 64.7 | — |
| 2012 | 69,563 | 58,639 | 10,924 | 63.0 | — |
| 2013 | 65,825 | 70,785 | −4,960 | 51.3 | — |
| 2014 | 87,457 | 78,161 | 9,296 | 47.9 | — |
| 2016 | 64,341 | 81,094 | −16,753 | 53.1 | — |
| 2017 | 94,553 | 91,247 | 3,306 | 47.6 | — |
| 2018 | 75,152 | 84,650 | −9,498 | 50.0 | — |
| 2020 | 70,889 | 66,246 | 4,643 | 62.8 | — |
| 2021 | 71,971 | 75,543 | −3,572 | 51.3 | — |
| 2022 | 70,260 | 93,223 | −22,963 | 38.6 | — |
| 2023 | 65,201 | 100,868 | −35,667 | 31.5 | — |
In its most recent public year (2023), this organization spent $35,667 more than it brought in. Its reserves stood at about 31.5 months of spending, down from 64.7 in 2011.
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
Lorain County Medical Society 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