Piedmont Orthopedic Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 130,853 | 64,672 | 66,181 | 215.0 | 0% |
| 2012 | 144,327 | 63,855 | 80,472 | 232.9 | 0% |
| 2013 | 351,522 | 128,679 | 222,843 | 129.8 | 0% |
| 2014 | 242,785 | 85,514 | 157,271 | 217.4 | 0% |
| 2015 | 282,413 | 131,444 | 150,969 | 155.2 | 0% |
| 2016 | 692,087 | 431,702 | 260,385 | 54.5 | 0% |
| 2017 | 471,051 | 462,972 | 8,079 | 51.0 | 0% |
| 2018 | 580,961 | 402,451 | 178,510 | 64.0 | 0% |
| 2019 | 658,524 | 608,417 | 50,107 | 43.3 | 0% |
| 2020 | 494,309 | 153,679 | 340,630 | 198.2 | 0% |
| 2021 | 708,186 | 573,749 | 134,437 | 55.9 | 0% |
| 2022 | 733,608 | 560,255 | 173,353 | 61.0 | 0% |
| 2023 | 641,663 | 622,001 | 19,662 | 55.3 | 4% |
In its most recent public year (2023), this organization brought in $19,662 more than it spent. Its reserves stood at about 55.3 months of spending, down from 215 in 2011. Staff pay was 4% 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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