Montefiore Einstein Advanced Care
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 0 | 247,299 | −247,299 | -12.0 | 61% |
| 2022 | 30,523,304 | 39,273,010 | −8,749,706 | -2.7 | 56% |
| 2023 | 49,590,479 | 67,948,982 | −18,358,503 | -4.8 | 46% |
In its most recent public year (2023), this organization spent $18,358,503 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.8 months), up from -12 in 2021. Staff pay was 46% 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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