Knoxville Academy Of Medicine Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 26,339 | 23,267 | 3,072 | 402.8 | 0% |
| 2022 | 2,181,827 | 1,663,746 | 518,081 | 9.4 | 53% |
| 2023 | 2,019,171 | 2,344,639 | −325,468 | 4.9 | 44% |
In its most recent public year (2023), this organization spent $325,468 more than it brought in. Its reserves stood at about 4.9 months of spending, down from 402.8 in 2021. Staff pay was 44% of spending. $811,650 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
Knoxville Academy Of Medicine 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