Hedrick Medical Center Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 134,776 | 23,001 | 111,775 | 58.3 | — |
| 2015 | 104,674 | 84,477 | 20,197 | 18.7 | — |
| 2016 | 73,606 | 114,671 | −41,065 | 9.5 | — |
| 2017 | 153,279 | 70,131 | 83,148 | 29.8 | 0% |
| 2018 | 554,440 | 1,398,637 | −844,197 | -5.7 | 0% |
| 2019 | 69,725 | 56,254 | 13,471 | 36.9 | — |
| 2020 | 57,110 | 36,832 | 20,278 | 63.0 | — |
| 2021 | 55,375 | 13,809 | 41,566 | 204.3 | — |
| 2022 | 50,535 | 25,139 | 25,396 | 124.3 | — |
| 2023 | 53,336 | 52,464 | 872 | 59.8 | — |
In its most recent public year (2023), this organization brought in $872 more than it spent. Its reserves stood at about 59.8 months of spending, up from 58.3 in 2014.
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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