North Canton Medical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 17,256,374 | 229,279 | 17,027,095 | 1150.4 | 12% |
| 2014 | 704,532 | 523,136 | 181,396 | 507.7 | 17% |
| 2015 | 452,520 | 1,337,789 | −885,269 | 185.0 | 5% |
| 2016 | 673,447 | 1,395,105 | −721,658 | 178.9 | 5% |
| 2017 | 365,629 | 1,428,609 | −1,062,980 | 181.7 | 5% |
| 2018 | 517,615 | 2,533,835 | −2,016,220 | 85.0 | 3% |
| 2019 | 304,369 | 1,010,036 | −705,667 | 242.7 | 9% |
| 2020 | 678,697 | 556,347 | 122,350 | 472.4 | 13% |
| 2021 | 2,453,448 | 596,869 | 1,856,579 | 493.6 | 14% |
| 2022 | 462,921 | 640,851 | −177,930 | 411.3 | 15% |
| 2023 | 618,822 | 692,013 | −73,191 | 415.2 | 15% |
In its most recent public year (2023), this organization spent $73,191 more than it brought in. Its reserves stood at about 415.2 months of spending, down from 1150.4 in 2013. Staff pay was 15% of spending. $2,640,349 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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