Summit Pacific Medical Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 55,787 | 46,608 | 9,179 | 16.1 | — |
| 2012 | 262,619 | 111,269 | 151,350 | 23.1 | 0% |
| 2013 | 144,633 | 141,399 | 3,234 | 18.4 | — |
| 2014 | 122,039 | 32,660 | 89,379 | 112.6 | — |
| 2015 | 64,901 | 42,493 | 22,408 | 92.9 | — |
| 2016 | 87,316 | 57,780 | 29,536 | 74.5 | — |
| 2017 | 228,195 | 235,187 | −6,992 | 15.6 | 0% |
| 2018 | 490,790 | 77,805 | 412,985 | 111.0 | 0% |
| 2019 | 427,938 | 275,526 | 152,412 | 38.0 | 0% |
| 2020 | 265,335 | 48,011 | 217,324 | 272.3 | 0% |
| 2021 | 232,938 | 83,684 | 149,254 | 177.6 | 0% |
| 2022 | 480,041 | 592,647 | −112,606 | 22.8 | 0% |
| 2023 | 405,514 | 146,609 | 258,905 | 113.3 | 0% |
In its most recent public year (2023), this organization brought in $258,905 more than it spent. Its reserves stood at about 113.3 months of spending, up from 16.1 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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