Morris County Hospital Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 25,844 | 57,105 | −31,261 | 108.8 | 51% |
| 2012 | 60,167 | 74,276 | −14,109 | 79.0 | 41% |
| 2013 | 318,175 | 55,928 | 262,247 | 161.2 | 55% |
| 2014 | 257,474 | 410,851 | −153,377 | 17.5 | 8% |
| 2015 | 120,498 | 184,599 | −64,101 | 34.7 | 18% |
| 2016 | 206,313 | 81,451 | 124,862 | 97.0 | 40% |
| 2017 | 654,542 | 229,205 | 425,337 | 56.7 | 11% |
| 2019 | 173,756 | 181,635 | −7,879 | 31.3 | 22% |
| 2020 | 189,485 | 112,064 | 77,421 | 59.0 | 27% |
| 2021 | 225,205 | 82,768 | 142,437 | 100.6 | 43% |
| 2022 | 129,287 | 292,934 | −163,647 | 21.7 | 10% |
| 2023 | 380,173 | 16,582 | 363,591 | 646.6 | 44% |
In its most recent public year (2023), this organization brought in $363,591 more than it spent. Its reserves stood at about 646.6 months of spending, up from 108.8 in 2011. Staff pay was 44% of spending. $470,749 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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