Methodist Richardson Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 796,543 | 86,718 | 709,825 | 296.2 | 0% |
| 2012 | 1,040,664 | 1,574,477 | −533,813 | 12.1 | 0% |
| 2013 | 911,030 | 625,950 | 285,080 | 36.8 | 0% |
| 2014 | 835,852 | 342,843 | 493,009 | 85.8 | 0% |
| 2015 | 914,171 | 426,007 | 488,164 | 83.1 | 0% |
| 2016 | 556,730 | 1,669,192 | −1,112,462 | 13.2 | 0% |
| 2017 | 901,989 | 745,161 | 156,828 | 32.8 | 0% |
| 2018 | 739,335 | 331,114 | 408,221 | 89.0 | 0% |
| 2019 | 965,018 | 525,483 | 439,535 | 65.7 | 0% |
| 2020 | 831,405 | 650,498 | 180,907 | 56.2 | 0% |
| 2021 | 579,283 | 712,377 | −133,094 | 50.8 | 0% |
| 2022 | 424,629 | 276,274 | 148,355 | 136.4 | 0% |
| 2023 | 311,320 | 96,631 | 214,689 | 495.3 | 0% |
In its most recent public year (2023), this organization brought in $214,689 more than it spent. Its reserves stood at about 495.3 months of spending, up from 296.2 in 2011. Staff pay was 0% of spending. $2,804,424 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
Methodist Richardson Medical Center 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