Medical Center Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,124,508 | 1,913,738 | 2,210,770 | 109.9 | 24% |
| 2012 | 4,620,468 | 2,157,681 | 2,462,787 | 120.2 | 22% |
| 2013 | 5,756,954 | 3,265,854 | 2,491,100 | 91.4 | 18% |
| 2014 | 5,676,353 | 5,706,704 | −30,351 | 53.6 | 13% |
| 2015 | 5,775,546 | 2,703,472 | 3,072,074 | 120.4 | 33% |
| 2016 | 6,329,750 | 5,058,408 | 1,271,342 | 70.4 | 18% |
| 2017 | 6,059,853 | 3,991,708 | 2,068,145 | 97.8 | 23% |
| 2018 | 5,712,932 | 5,447,048 | 265,884 | 76.8 | 15% |
| 2019 | 7,669,112 | 6,326,371 | 1,342,741 | 66.0 | 15% |
| 2020 | 5,508,706 | 3,148,159 | 2,360,547 | 134.8 | 32% |
| 2021 | 6,805,753 | 7,078,077 | −272,324 | 66.4 | 15% |
| 2022 | 9,420,343 | 9,967,503 | −547,160 | 43.1 | 12% |
| 2023 | 9,434,094 | 7,223,158 | 2,210,936 | 66.7 | 21% |
In its most recent public year (2023), this organization brought in $2,210,936 more than it spent. Its reserves stood at about 66.7 months of spending, down from 109.9 in 2011. Staff pay was 21% of spending. $30,631,024 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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