Corbett Medical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 257,558 | 180,763 | 76,795 | 52.3 | 0% |
| 2012 | 276,999 | 142,208 | 134,791 | 77.8 | 0% |
| 2013 | 355,507 | 145,933 | 209,574 | 93.1 | 0% |
| 2014 | 305,871 | 145,799 | 160,072 | 106.3 | 0% |
| 2015 | 471,965 | 282,938 | 189,027 | 62.8 | 0% |
| 2016 | 383,186 | 249,723 | 133,463 | 77.6 | 0% |
| 2017 | 274,206 | 184,538 | 89,668 | 110.8 | 0% |
| 2018 | 489,139 | 351,502 | 137,637 | 0.0 | 0% |
| 2019 | 960,937 | 852,396 | 108,541 | 27.5 | 0% |
| 2020 | 500,199 | 828,938 | −328,739 | 0.0 | 0% |
| 2021 | 1,099,667 | 1,233,654 | −133,987 | 9.7 | 0% |
| 2022 | 594,332 | 549,001 | 45,331 | 30.2 | 0% |
| 2023 | 1,236,971 | 892,541 | 344,430 | 0.0 | 0% |
In its most recent public year (2023), this organization brought in $344,430 more than it spent. Its reserves stood at about 0 months of spending, down from 52.3 in 2011. 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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