Montefiore Cerc Operations Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 7,931,967 | 7,897,162 | 34,805 | 10.8 | 56% |
| 2017 | 6,484,253 | 3,399,356 | 3,084,897 | 36.4 | 64% |
| 2018 | 4,274,608 | 3,853,498 | 421,110 | 31.5 | 64% |
| 2019 | 5,642,477 | 4,092,514 | 1,549,963 | 38.3 | 68% |
| 2020 | 4,547,599 | 5,339,867 | −792,268 | 30.3 | 54% |
| 2021 | 4,317,409 | 5,631,063 | −1,313,654 | 28.7 | 58% |
| 2022 | 4,425,932 | 5,784,819 | −1,358,887 | 20.3 | 58% |
| 2023 | 4,852,193 | 6,009,881 | −1,157,688 | 20.5 | 59% |
In its most recent public year (2023), this organization spent $1,157,688 more than it brought in. Its reserves stood at about 20.5 months of spending, up from 10.8 in 2016. Staff pay was 59% of spending. $10,689,520 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
Montefiore Cerc Operations 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