Gundersen Lutheran Medical Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 29,882,128 | 29,070,251 | 811,877 | 32.8 | 0% |
| 2021 | 52,203,030 | 29,381,371 | 22,821,659 | 36.9 | 0% |
| 2022 | 32,133,183 | 30,210,899 | 1,922,284 | 29.8 | 0% |
| 2023 | 23,510,404 | 25,343,177 | −1,832,773 | 36.0 | 0% |
In its most recent public year (2023), this organization spent $1,832,773 more than it brought in. Its reserves stood at about 36 months of spending, up from 32.8 in 2020. Staff pay was 0% of spending. $42,941,879 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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