Federation Of State Medical Boards Research & Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 424,915 | 294,189 | 130,726 | 105.3 | 20% |
| 2012 | 164,846 | 555,298 | −390,452 | 48.1 | 5% |
| 2013 | 265,125 | 176,955 | 88,170 | 161.4 | 0% |
| 2014 | 234,080 | 113,277 | 120,803 | 269.5 | 0% |
| 2015 | 215,275 | 57,163 | 158,112 | 585.6 | 0% |
| 2016 | 13,900 | 59,713 | −45,813 | 543.9 | 0% |
| 2017 | 217,664 | 96,193 | 121,471 | 352.9 | 0% |
| 2018 | 124,987 | 108,136 | 16,851 | 348.4 | 0% |
| 2019 | 107,732 | 101,863 | 5,869 | 401.6 | 0% |
| 2020 | 34,870 | 45,797 | −10,927 | 884.6 | 0% |
| 2021 | 65,195 | 106,933 | −41,738 | 513.6 | 0% |
| 2022 | 69,447 | 55,280 | 14,167 | 987.7 | 0% |
| 2023 | 106,337 | 151,773 | −45,436 | 337.9 | 0% |
In its most recent public year (2023), this organization spent $45,436 more than it brought in. Its reserves stood at about 337.9 months of spending, up from 105.3 in 2011. Staff pay was 0% 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
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