Cleveland Va Medical Research And Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 768,907 | 702,355 | 66,552 | 27.1 | 39% |
| 2012 | 820,942 | 700,650 | 120,292 | 29.2 | 47% |
| 2013 | 928,566 | 986,821 | −58,255 | 20.4 | 46% |
| 2014 | 1,307,156 | 1,020,637 | 286,519 | 23.2 | 36% |
| 2015 | 1,787,845 | 1,320,192 | 467,653 | 22.2 | 38% |
| 2016 | 2,406,883 | 1,942,667 | 464,216 | 18.1 | 35% |
| 2017 | 3,258,928 | 2,431,406 | 827,522 | 17.6 | 35% |
| 2018 | 4,945,254 | 3,384,538 | 1,560,716 | 18.2 | 32% |
| 2019 | 4,797,846 | 4,326,402 | 471,444 | 15.5 | 33% |
| 2020 | 4,518,420 | 4,934,357 | −415,937 | 12.6 | 35% |
| 2021 | 4,153,737 | 4,489,509 | −335,772 | 13.0 | 45% |
| 2022 | 3,836,219 | 5,005,500 | −1,169,281 | 8.8 | 43% |
| 2023 | 4,390,885 | 4,832,226 | −441,341 | 8.0 | 46% |
In its most recent public year (2023), this organization spent $441,341 more than it brought in. Its reserves stood at about 8 months of spending, down from 27.1 in 2011. Staff pay was 46% of spending.
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
Cleveland Va Medical Research And Education 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