Jay N Schapira Md Medical Research Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 119,123 | 404,633 | −285,510 | 18.6 | 76% |
| 2021 | 389,431 | 434,990 | −45,559 | 16.1 | 79% |
| 2022 | 70,397 | 495,102 | −424,705 | 3.8 | 80% |
| 2023 | 321,538 | 514,090 | −192,552 | -0.8 | 77% |
In its most recent public year (2023), this organization spent $192,552 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months), down from 18.6 in 2020. Staff pay was 77% 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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