Mclennan County Medical Education And Research Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,784,898 | 3,522,223 | 262,675 | 1.9 | 9% |
| 2012 | 6,151,420 | 6,197,646 | −46,226 | 1.0 | 2% |
| 2013 | 3,258,492 | 3,304,285 | −45,793 | 1.6 | 4% |
| 2014 | 3,507,668 | 3,540,780 | −33,112 | 1.4 | 4% |
| 2015 | 3,655,786 | 3,704,060 | −48,274 | 1.2 | 3% |
| 2016 | 3,904,082 | 3,896,484 | 7,598 | 1.2 | 4% |
| 2017 | 3,553,475 | 3,548,148 | 5,327 | 1.3 | 3% |
| 2018 | 3,738,573 | 3,766,147 | −27,574 | 1.1 | 1% |
| 2019 | 3,511,085 | 3,626,515 | −115,430 | 0.8 | 2% |
| 2020 | 3,552,554 | 3,668,583 | −116,029 | 0.4 | 2% |
| 2021 | 3,504,277 | 3,621,506 | −117,229 | 0.0 | 3% |
| 2022 | 3,446,202 | 3,402,170 | 44,032 | 0.2 | 3% |
| 2023 | 4,224,904 | 4,227,355 | −2,451 | 0.1 | 98% |
In its most recent public year (2023), this organization spent $2,451 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 1.9 in 2011. Staff pay was 98% 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
Mclennan County Medical Education And Research 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