Sarasota Memorial Healthcare Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,898,086 | 6,470,297 | 427,789 | 46.9 | 13% |
| 2012 | 4,446,810 | 5,904,299 | −1,457,489 | 58.6 | 15% |
| 2013 | 4,779,270 | 3,398,582 | 1,380,688 | 114.6 | 30% |
| 2014 | 6,267,426 | 6,586,268 | −318,842 | 59.4 | 15% |
| 2015 | 11,489,345 | 9,195,039 | 2,294,306 | 40.6 | 11% |
| 2016 | 4,122,550 | 4,369,360 | −246,810 | 90.9 | 26% |
| 2017 | 4,888,593 | 4,587,288 | 301,305 | 93.8 | 21% |
| 2018 | 12,540,677 | 8,394,078 | 4,146,599 | 57.4 | 18% |
| 2019 | 16,317,202 | 8,294,637 | 8,022,565 | 69.5 | 20% |
| 2020 | 47,413,384 | 8,928,430 | 38,484,954 | 109.0 | 19% |
| 2021 | 26,224,051 | 11,638,394 | 14,585,657 | 103.1 | 14% |
| 2022 | 45,874,936 | 21,544,068 | 24,330,868 | 65.0 | 7% |
| 2023 | 18,368,153 | 9,389,378 | 8,978,775 | 164.0 | 17% |
In its most recent public year (2023), this organization brought in $8,978,775 more than it spent. Its reserves stood at about 164 months of spending, up from 46.9 in 2011. Staff pay was 17% of spending. $115,921,048 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
Sarasota Memorial Healthcare 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