The Foundation For Post-Acute And Long-Term Care Medicine
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 286,770 | 242,781 | 43,989 | 24.3 | 36% |
| 2021 | 334,159 | 250,165 | 83,994 | 28.3 | 40% |
| 2022 | 398,968 | 329,173 | 69,795 | 23.0 | 36% |
| 2023 | 561,621 | 432,957 | 128,664 | 21.5 | 36% |
In its most recent public year (2023), this organization brought in $128,664 more than it spent. Its reserves stood at about 21.5 months of spending, down from 24.3 in 2020. Staff pay was 36% of spending. $122,984 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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