East Alabama Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,651,200 | 729,828 | 1,921,372 | 364.5 | 0% |
| 2021 | 2,737,205 | 631,200 | 2,106,005 | 528.3 | 0% |
| 2022 | 3,988,439 | 742,988 | 3,245,451 | 399.9 | 0% |
| 2023 | 2,033,322 | 823,369 | 1,209,953 | 412.0 | 0% |
In its most recent public year (2023), this organization brought in $1,209,953 more than it spent. Its reserves stood at about 412 months of spending, up from 364.5 in 2020. Staff pay was 0% of spending. $3,300,287 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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