Faulkton Area Medical Center Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 84,407 | 23,256 | 61,151 | 178.6 | — |
| 2021 | 58,960 | 50,218 | 8,742 | 88.0 | — |
| 2022 | 226,454 | 28,952 | 197,502 | 214.5 | 33% |
| 2023 | 81,794 | 28,863 | 52,931 | 247.2 | 33% |
In its most recent public year (2023), this organization brought in $52,931 more than it spent. Its reserves stood at about 247.2 months of spending, up from 178.6 in 2020. Staff pay was 33% 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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