Grinnell Regional Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 24,343 | 52,482 | −28,139 | 460.0 | 0% |
| 2012 | 195,341 | 186,370 | 8,971 | 138.4 | 30% |
| 2013 | 234,701 | 211,879 | 22,822 | 129.5 | 0% |
| 2014 | 245,470 | 189,593 | 55,877 | 138.7 | 0% |
| 2015 | 245,194 | 167,204 | 77,990 | 139.1 | 0% |
| 2016 | 60,187 | 157,954 | −97,767 | 151.0 | 0% |
| 2017 | 225,045 | 184,830 | 40,215 | 150.2 | 0% |
| 2018 | 299,336 | 244,144 | 55,192 | 157.0 | 17% |
| 2019 | 1,068,598 | 304,934 | 763,664 | 167.7 | 57% |
| 2020 | 1,428,256 | 709,256 | 719,000 | 93.3 | 26% |
| 2021 | 1,718,629 | 503,092 | 1,215,537 | 143.9 | 20% |
| 2022 | 1,427,220 | 313,573 | 1,113,647 | 246.9 | 27% |
| 2023 | 913,767 | 496,500 | 417,267 | 179.1 | 18% |
In its most recent public year (2023), this organization brought in $417,267 more than it spent. Its reserves stood at about 179.1 months of spending, down from 460 in 2011. Staff pay was 18% of spending. $6,962,972 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
Grinnell Regional Medical Center Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works