Fort Morgan Community Hospital Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 28,706 | 51,241 | −22,535 | 1840.8 | 0% |
| 2021 | 747,796 | 285,697 | 462,099 | 359.0 | 0% |
| 2022 | 117,004 | 46,877 | 70,127 | 1810.2 | 0% |
| 2023 | 92,750 | 337,262 | −244,512 | 282.8 | 0% |
In its most recent public year (2023), this organization spent $244,512 more than it brought in. Its reserves stood at about 282.8 months of spending, down from 1840.8 in 2020. Staff pay was 0% of spending. $6,694,187 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
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