Sanford Health Foundation North
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 11,024,432 | 5,678,550 | 5,345,882 | 205.5 | 0% |
| 2021 | 12,791,067 | 6,667,198 | 6,123,869 | 191.1 | 0% |
| 2022 | 5,587,822 | 5,164,792 | 423,030 | 207.2 | 0% |
| 2023 | 8,837,846 | 6,077,003 | 2,760,843 | 205.0 | 0% |
In its most recent public year (2023), this organization brought in $2,760,843 more than it spent. Its reserves stood at about 205 months of spending. Staff pay was 0% of spending. $79,640,840 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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