Golden Valley Memorial Hospital Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 76,521 | 35,591 | 40,930 | 69.4 | — |
| 2013 | 108,273 | 47,370 | 60,903 | 67.6 | — |
| 2014 | 78,293 | 65,821 | 12,472 | 50.9 | — |
| 2015 | 100,933 | 53,551 | 47,382 | 73.2 | — |
| 2016 | 143,590 | 35,646 | 107,944 | 163.2 | — |
| 2017 | 101,912 | 153,311 | −51,399 | 33.9 | — |
| 2018 | 107,995 | 40,453 | 67,542 | 189.7 | 0% |
| 2019 | 170,674 | 122,621 | 48,053 | 153.2 | 0% |
| 2020 | 557,264 | 129,898 | 427,366 | 159.5 | 0% |
| 2021 | 199,255 | 198,071 | 1,184 | 111.7 | 0% |
| 2022 | 745,800 | 201,837 | 543,963 | 146.7 | 0% |
| 2023 | 5,098,359 | 79,307 | 5,019,052 | 1117.6 | 0% |
| 2024 | 3,478,374 | 7,047,036 | −3,568,662 | 6.8 | 0% |
In its most recent public year (2024), this organization spent $3,568,662 more than it brought in. Its reserves stood at about 6.8 months of spending, down from 69.4 in 2012. Staff pay was 0% of spending. $2,853,948 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 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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