Glendale Adventist Medical Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,616,874 | 3,710,562 | 906,312 | 23.3 | 7% |
| 2021 | 4,085,234 | 2,641,366 | 1,443,868 | 39.7 | 2% |
| 2022 | 2,513,495 | 4,284,460 | −1,770,965 | 19.1 | 0% |
| 2023 | 6,823,680 | 2,917,465 | 3,906,215 | 44.9 | 0% |
In its most recent public year (2023), this organization brought in $3,906,215 more than it spent. Its reserves stood at about 44.9 months of spending, up from 23.3 in 2020. Staff pay was 0% of spending. $8,883,191 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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