Latvian Medical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,124 | 175 | 26,949 | 17814.6 | 0% |
| 2012 | 1,389 | 19,300 | −17,911 | 150.4 | 0% |
| 2013 | 65,431 | 600 | 64,831 | 6213.6 | 0% |
| 2014 | 25,202 | 495 | 24,707 | 8071.7 | 0% |
| 2015 | 390,151 | 370,983 | 19,168 | 11.4 | 0% |
| 2016 | 25,936 | 46,165 | −20,229 | 86.6 | 0% |
| 2017 | 31,035 | 7,635 | 23,400 | 573.9 | 0% |
| 2018 | 33,102 | 46,324 | −13,222 | 91.8 | 0% |
| 2019 | 73,504 | 68,122 | 5,382 | 63.5 | 0% |
| 2020 | 25,792 | 3,195 | 22,597 | 1452.9 | 0% |
| 2021 | 736 | 10,880 | −10,144 | 445.5 | 0% |
| 2022 | 1,041,678 | 194,485 | 847,193 | 75.4 | 0% |
| 2023 | 27,889 | 117,506 | −89,617 | 115.9 | 0% |
In its most recent public year (2023), this organization spent $89,617 more than it brought in. Its reserves stood at about 115.9 months of spending, down from 17814.6 in 2011. 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 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
Latvian Medical 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