Indian River County Medical Society Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 106,298 | 20,163 | 86,135 | 51.3 | — |
| 2015 | 237,018 | 76,047 | 160,971 | 39.0 | 17% |
| 2016 | 204,755 | 84,615 | 120,140 | 52.0 | 33% |
| 2017 | 185,254 | 177,422 | 7,832 | 25.4 | 13% |
| 2018 | 257,884 | 234,797 | 23,087 | 19.4 | 44% |
| 2019 | 229,496 | 238,969 | −9,473 | 18.3 | 42% |
| 2020 | 498,601 | 434,607 | 63,994 | 11.8 | 63% |
| 2021 | 517,689 | 444,974 | 72,715 | 14.3 | 72% |
| 2022 | 183,950 | 244,755 | −60,805 | 22.7 | 31% |
In its most recent public year (2022), this organization spent $60,805 more than it brought in. Its reserves stood at about 22.7 months of spending, down from 51.3 in 2014. Staff pay was 31% 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 2022. 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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