Memorial Hospital Flagler Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 250,105,389 | 206,719,246 | 43,386,143 | 22.9 | 29% |
| 2021 | 307,723,697 | 249,976,974 | 57,746,723 | 21.4 | 18% |
| 2022 | 292,432,530 | 263,405,374 | 29,027,156 | 19.0 | 24% |
| 2023 | 313,914,765 | 265,655,150 | 48,259,615 | 21.6 | 22% |
In its most recent public year (2023), this organization brought in $48,259,615 more than it spent. Its reserves stood at about 21.6 months of spending, down from 22.9 in 2020. Staff pay was 22% of spending. $269,025 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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