Ponce Medical School Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 16,202,258 | 15,677,900 | 524,358 | 2.4 | 46% |
| 2021 | 25,661,618 | 19,997,814 | 5,663,804 | 5.3 | 36% |
| 2022 | 23,886,536 | 20,497,319 | 3,389,217 | 7.1 | 36% |
| 2023 | 19,584,312 | 18,844,617 | 739,695 | 8.2 | 37% |
In its most recent public year (2023), this organization brought in $739,695 more than it spent. Its reserves stood at about 8.2 months of spending, up from 2.4 in 2020. Staff pay was 37% 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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