Cedar Rapids Medical Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,228,694 | 4,857,592 | 371,102 | 1.5 | 64% |
| 2012 | 5,220,278 | 5,187,285 | 32,993 | 1.5 | 66% |
| 2013 | 4,981,143 | 5,121,429 | −140,286 | 1.1 | 65% |
| 2014 | 4,960,940 | 4,842,884 | 118,056 | 1.4 | 65% |
| 2015 | 5,025,209 | 5,110,842 | −85,633 | 1.2 | 56% |
| 2016 | 5,286,660 | 4,966,940 | 319,720 | 2.0 | 59% |
| 2017 | 4,834,482 | 4,866,957 | −32,475 | 1.9 | 60% |
| 2018 | 4,804,713 | 5,265,605 | −460,892 | 0.7 | 60% |
| 2019 | 5,105,838 | 5,064,990 | 40,848 | 0.9 | 63% |
| 2020 | 5,585,088 | 5,910,322 | −325,234 | 0.1 | 55% |
| 2021 | 320,708 | 263,679 | 57,029 | 4.1 | 0% |
| 2022 | 206,062 | 207,669 | −1,607 | 5.1 | 0% |
| 2023 | 223,029 | 223,360 | −331 | 4.8 | 0% |
| 2024 | 266,885 | 293,849 | −26,964 | 2.5 | 0% |
In its most recent public year (2024), this organization spent $26,964 more than it brought in. Its reserves stood at about 2.5 months of spending. 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 2024. 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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