Bolivar Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,115,046 | 1,147,699 | 5,967,347 | 646.0 | 0% |
| 2021 | 8,093,975 | 1,758,358 | 6,335,617 | 464.9 | 0% |
| 2022 | 2,568,243 | 13,815,663 | −11,247,420 | 49.4 | 0% |
| 2023 | 8,338,209 | 941,861 | 7,396,348 | 818.8 | 0% |
In its most recent public year (2023), this organization brought in $7,396,348 more than it spent. Its reserves stood at about 818.8 months of spending, up from 646 in 2020. Staff pay was 0% of spending.
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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