Fortworth Medtech Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 440,703 | 486,356 | −45,653 | 13.8 | 50% |
| 2012 | 652,843 | 652,750 | 93 | 10.3 | 53% |
| 2013 | 729,906 | 657,686 | 72,220 | 11.5 | 54% |
| 2014 | 621,179 | 639,690 | −18,511 | 11.5 | 59% |
| 2015 | 439,967 | 638,047 | −198,080 | 7.8 | 59% |
| 2016 | 548,733 | 588,176 | −39,443 | 7.7 | 58% |
| 2017 | 563,859 | 586,394 | −22,535 | 7.2 | 54% |
| 2018 | 469,112 | 618,298 | −149,186 | 4.0 | 56% |
| 2019 | 673,834 | 555,037 | 118,797 | 7.0 | 51% |
| 2020 | 591,292 | 541,873 | 49,419 | 8.3 | 56% |
| 2021 | 716,344 | 654,575 | 61,769 | 8.0 | 63% |
| 2022 | 509,549 | 637,850 | −128,301 | 9.7 | 56% |
| 2023 | 826,389 | 632,577 | 193,812 | 37.6 | 49% |
In its most recent public year (2023), this organization brought in $193,812 more than it spent. Its reserves stood at about 37.6 months of spending, up from 13.8 in 2011. Staff pay was 49% of spending. $1,338,130 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
Fortworth Medtech Center Inc'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