National Nurse Practitioner Residency & Fellowship Training Co
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 251,176 | 372,660 | −121,484 | -16.8 | 56% |
| 2021 | 417,947 | 344,407 | 73,540 | -15.6 | 66% |
| 2022 | 362,047 | 410,369 | −48,322 | -14.5 | 61% |
| 2023 | 356,680 | 547,961 | −191,281 | -15.0 | 50% |
In its most recent public year (2023), this organization spent $191,281 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-15 months), up from -16.8 in 2020. Staff pay was 50% 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 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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