Copper Shores Community Health Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,469,680 | 3,521,603 | −51,923 | 262.9 | 12% |
| 2021 | 8,148,515 | 3,335,917 | 4,812,598 | 307.4 | 14% |
| 2022 | 6,015,223 | 4,081,692 | 1,933,531 | 213.9 | 17% |
| 2023 | 4,680,317 | 5,462,971 | −782,654 | 172.9 | 30% |
In its most recent public year (2023), this organization spent $782,654 more than it brought in. Its reserves stood at about 172.9 months of spending, down from 262.9 in 2020. Staff pay was 30% of spending. $625,191 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works