Flaget Memorial Hospital Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 349,516 | 268,960 | 80,556 | 72.9 | 0% |
| 2012 | 304,158 | 288,693 | 15,465 | 69.0 | 0% |
| 2013 | 467,277 | 326,439 | 140,838 | 67.4 | 0% |
| 2014 | 308,632 | 298,318 | 10,314 | 82.0 | 0% |
| 2015 | 314,291 | 573,673 | −259,382 | 35.5 | 0% |
| 2016 | 273,535 | 317,603 | −44,068 | 58.8 | 0% |
| 2017 | 475,519 | 247,877 | 227,642 | 90.1 | 0% |
| 2018 | 668,133 | 270,126 | 398,007 | 101.7 | 0% |
| 2019 | 738,524 | 750,939 | −12,415 | 36.9 | 0% |
| 2020 | 1,016,676 | 511,597 | 505,079 | 64.2 | 0% |
| 2021 | 625,661 | 1,157,303 | −531,642 | 26.9 | 0% |
| 2022 | 3,102,352 | 548,202 | 2,554,150 | 107.4 | 0% |
| 2023 | 651,163 | 359,689 | 291,474 | 177.1 | 0% |
In its most recent public year (2023), this organization brought in $291,474 more than it spent. Its reserves stood at about 177.1 months of spending, up from 72.9 in 2011. Staff pay was 0% of spending. $1,222,280 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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