Medical Foundation Of Alabama Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 463,152 | 364,218 | 98,934 | 10.9 | 0% |
| 2012 | 507,331 | 491,090 | 16,241 | -1.2 | 0% |
| 2013 | 739,090 | 492,271 | 246,819 | 4.8 | 0% |
| 2014 | 537,996 | 564,106 | −26,110 | 3.7 | 0% |
| 2015 | 398,686 | 477,529 | −78,843 | 2.4 | 0% |
| 2016 | 419,089 | 482,138 | −63,049 | 0.8 | 0% |
| 2017 | 514,368 | 555,050 | −40,682 | -0.2 | 0% |
| 2018 | 594,163 | 537,534 | 56,629 | 1.0 | 0% |
| 2019 | 632,136 | 529,693 | 102,443 | 3.4 | 0% |
| 2020 | 310,654 | 339,297 | −28,643 | 4.3 | 0% |
| 2021 | 631,062 | 470,836 | 160,226 | 7.1 | 0% |
| 2022 | 382,262 | 555,757 | −173,495 | 2.3 | 0% |
| 2023 | 1,177,633 | 618,207 | 559,426 | 12.9 | 0% |
In its most recent public year (2023), this organization brought in $559,426 more than it spent. Its reserves stood at about 12.9 months of spending, up from 10.9 in 2011. Staff pay was 0% of spending. $500,669 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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