Amery Regional Medical Center Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,381,073 | 124,091 | 1,256,982 | 177.1 | 0% |
| 2021 | 2,313,518 | 143,205 | 2,170,313 | 335.4 | 0% |
| 2022 | 2,190,506 | 1,482,153 | 708,353 | 38.1 | 0% |
| 2023 | 475,669 | 3,279,527 | −2,803,858 | 7.0 | 0% |
In its most recent public year (2023), this organization spent $2,803,858 more than it brought in. Its reserves stood at about 7 months of spending, down from 177.1 in 2020. Staff pay was 0% of spending. $1,795,205 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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