Sanford Health Foundation West
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,518,393 | 2,117,733 | 1,400,660 | 156.9 | 15% |
| 2021 | 3,001,149 | 1,070,970 | 1,930,179 | 331.4 | 0% |
| 2022 | 3,931,966 | 1,427,811 | 2,504,155 | 224.8 | 0% |
| 2023 | 1,346,861 | 1,006,572 | 340,289 | 369.3 | 0% |
In its most recent public year (2023), this organization brought in $340,289 more than it spent. Its reserves stood at about 369.3 months of spending, up from 156.9 in 2020. Staff pay was 0% of spending. $18,676,255 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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