Merrick Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 602,704 | 554,657 | 48,047 | 27.0 | 0% |
| 2013 | 347,004 | 286,553 | 60,451 | 56.3 | 0% |
| 2014 | 144,716 | 244,084 | −99,368 | 65.1 | 0% |
| 2015 | 245,475 | 217,188 | 28,287 | 74.4 | 0% |
| 2016 | 125,881 | 105,124 | 20,757 | 155.6 | 0% |
| 2017 | 284,771 | 131,092 | 153,679 | 176.7 | 0% |
| 2018 | 1,377,650 | 138,618 | 1,239,032 | 269.5 | 0% |
| 2019 | 1,669,910 | 889,160 | 780,750 | 53.8 | 0% |
| 2020 | 328,787 | 160,410 | 168,377 | 313.2 | 0% |
| 2021 | 317,439 | 2,604,176 | −2,286,737 | 8.9 | 0% |
| 2022 | 345,164 | 62,675 | 282,489 | 413.0 | 0% |
| 2023 | 301,480 | 1,078,719 | −777,239 | 15.7 | 0% |
In its most recent public year (2023), this organization spent $777,239 more than it brought in. Its reserves stood at about 15.7 months of spending, down from 27 in 2012. Staff pay was 0% of spending. $115,438 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
Merrick Medical Center Foundation'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