Memorial Health System Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,627,191 | 1,574,027 | 53,164 | 33.1 | 29% |
| 2012 | 1,597,091 | 1,373,718 | 223,373 | 39.9 | 40% |
| 2013 | 1,653,258 | 1,564,983 | 88,275 | 35.8 | 32% |
| 2014 | 630,242 | 710,120 | −79,878 | 77.7 | 33% |
| 2015 | 1,426,130 | 2,426,706 | −1,000,576 | 18.1 | 20% |
| 2016 | 1,134,761 | 1,612,954 | −478,193 | 23.9 | 24% |
| 2017 | 1,235,888 | 1,247,318 | −11,430 | 31.7 | 34% |
| 2018 | 1,477,820 | 1,500,779 | −22,959 | 26.5 | 25% |
| 2019 | 1,711,750 | 1,437,592 | 274,158 | 30.7 | 29% |
| 2020 | 2,531,220 | 1,869,319 | 661,901 | 28.3 | 20% |
| 2021 | 1,627,986 | 2,950,008 | −1,322,022 | 14.4 | 13% |
| 2022 | 1,445,994 | 983,216 | 462,778 | 43.9 | 41% |
| 2023 | 1,686,333 | 1,287,713 | 398,620 | 38.0 | 32% |
In its most recent public year (2023), this organization brought in $398,620 more than it spent. Its reserves stood at about 38 months of spending, up from 33.1 in 2011. Staff pay was 32% of spending. $2,956,219 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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