Elyria Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 15,371,622 | 0 | 15,371,622 | — | — |
| 2015 | 4,636,320 | 1,780,000 | 2,856,320 | 121.1 | 0% |
| 2016 | 727,547 | 829,364 | −101,817 | 264.8 | 0% |
| 2017 | 825,005 | 2,093,314 | −1,268,309 | 111.7 | 0% |
| 2018 | 942,768 | 318,315 | 624,453 | 662.8 | 9% |
| 2019 | 725,435 | 2,281,109 | −1,555,674 | 100.0 | 5% |
| 2020 | 614,778 | 700,720 | −85,942 | 355.8 | 15% |
| 2021 | 2,496,441 | 310,393 | 2,186,048 | 905.5 | 34% |
| 2022 | 738,144 | 1,128,925 | −390,781 | 196.2 | 10% |
| 2023 | 1,137,757 | 683,579 | 454,178 | 368.2 | 8% |
In its most recent public year (2023), this organization brought in $454,178 more than it spent. Its reserves stood at about 368.2 months of spending. Staff pay was 8% of spending. $6,373,638 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
Elyria Medical Center Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works