everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Fund For Medical Research And Education

Detroit, MI / EIN 38-2319524 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201119,237,77023,577,583−4,339,8132.50%
201226,478,87825,152,6981,326,1803.00%
2013000
201435,514,54043,583,864−8,069,324-1.40%
201527,174,23440,281,708−13,107,474-5.50%
201624,408,10437,151,227−12,743,123-10.884%
201713,757,90210,747,0033,010,899-32.80%
201811,382,1535,957,2525,424,901-48.20%
201914,863,4166,833,9178,029,499-27.90%
20207,965,8944,094,0483,871,846-35.30%
20219,049,5349,163,826−114,292-15.90%
20228,438,7866,670,1461,768,640-11.90%
20238,667,4984,384,1264,283,372-9.00%

In its most recent public year (2023), this organization brought in $4,283,372 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-9 months), down from 2.5 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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