Marovo Medical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,900 | 6 | 1,894 | 3788.0 | 0% |
| 2013 | 40,800 | 32,783 | 8,017 | 3.6 | 0% |
| 2014 | 86,884 | 61,289 | 25,595 | 7.0 | 0% |
| 2015 | 41,120 | 33,565 | 7,555 | 7.9 | 0% |
| 2016 | 12,091 | 15,358 | −3,267 | 14.7 | 0% |
| 2018 | 43,471 | 36,837 | 6,634 | 14.3 | 0% |
| 2019 | 12,328 | 42,225 | −29,897 | 4.0 | 0% |
| 2020 | 11,878 | 17,519 | −5,641 | 5.8 | 0% |
| 2021 | 3,451 | 1,068 | 2,383 | 121.5 | 0% |
| 2022 | 1,110 | 877 | 233 | 151.1 | 0% |
| 2023 | 1,021 | 10,933 | −9,912 | 1.2 | 0% |
| 2024 | 2,000 | 465 | 1,535 | 68.9 | 0% |
In its most recent public year (2024), this organization brought in $1,535 more than it spent. Its reserves stood at about 68.9 months of spending, down from 3788 in 2012. 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 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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