Memphis Lung Physicians Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 9,602,348 | 10,750,597 | −1,148,249 | -1.3 | 66% |
| 2014 | 11,692,290 | 14,397,141 | −2,704,851 | -3.2 | 54% |
| 2015 | 12,752,163 | 13,208,429 | −456,266 | -3.9 | 70% |
| 2016 | 12,048,994 | 12,646,297 | −597,303 | -4.6 | 75% |
| 2017 | 11,806,523 | 12,987,159 | −1,180,636 | -5.6 | 71% |
| 2018 | 12,222,969 | 13,237,898 | −1,014,929 | -6.4 | 70% |
| 2019 | 13,349,772 | 14,173,889 | −824,117 | -6.7 | 73% |
| 2020 | 12,735,495 | 15,768,529 | −3,033,034 | -8.3 | 75% |
| 2021 | 13,322,151 | 17,687,741 | −4,365,590 | -10.4 | 77% |
| 2022 | 15,360,647 | 21,621,475 | −6,260,828 | -12.0 | 76% |
| 2023 | 14,816,791 | 21,149,767 | −6,332,976 | -15.8 | 77% |
In its most recent public year (2023), this organization spent $6,332,976 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-15.8 months), down from -1.3 in 2013. Staff pay was 77% 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
Memphis Lung Physicians Foundation Inc'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