Medical Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 224,986 | 147,914 | 77,072 | 307.7 | 12% |
| 2012 | 273,632 | 107,122 | 166,510 | 443.5 | 17% |
| 2013 | 588,677 | 88,478 | 500,199 | 604.8 | 20% |
| 2014 | 355,842 | 87,343 | 268,499 | 649.5 | 21% |
| 2015 | 128,247 | 69,466 | 58,781 | 826.8 | 26% |
| 2016 | 152,013 | 66,525 | 85,488 | 878.8 | 16% |
| 2017 | 685,145 | 46,583 | 638,562 | 1419.5 | 0% |
| 2018 | 30,874 | 179,356 | −148,482 | 358.8 | 0% |
| 2019 | 541,429 | 77,216 | 464,213 | 905.4 | 0% |
| 2020 | 394,580 | 71,236 | 323,344 | 1035.9 | 0% |
| 2021 | 1,401,183 | 80,789 | 1,320,394 | 1109.6 | 0% |
| 2022 | 538,590 | 1,531,051 | −992,461 | 50.8 | 1% |
| 2023 | 509,900 | 210,362 | 299,538 | 386.6 | 9% |
In its most recent public year (2023), this organization brought in $299,538 more than it spent. Its reserves stood at about 386.6 months of spending, up from 307.7 in 2011. Staff pay was 9% of spending. $188,684 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
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