Faith Regional Health Services Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,375,147 | 135,072 | 1,240,075 | 1238.5 | 0% |
| 2021 | 2,006,998 | 126,176 | 1,880,822 | 1675.6 | 0% |
| 2022 | 1,920,681 | 2,814,483 | −893,802 | 63.7 | 0% |
| 2023 | 3,290,402 | 704,353 | 2,586,049 | 321.3 | 0% |
In its most recent public year (2023), this organization brought in $2,586,049 more than it spent. Its reserves stood at about 321.3 months of spending, down from 1238.5 in 2020. Staff pay was 0% of spending. $18,258,907 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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