Altamed Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 9,500 | 9,500 | 0 | 0.0 | — |
| 2020 | 14,000 | 14,000 | 0 | 0.0 | — |
| 2021 | 50,244,569 | 20,000 | 50,224,569 | 30134.7 | 0% |
| 2022 | 4,288,307 | 1,338,564 | 2,949,743 | 476.7 | 0% |
| 2023 | 4,758,434 | 1,446,727 | 3,311,707 | 468.5 | 0% |
In its most recent public year (2023), this organization brought in $3,311,707 more than it spent. Its reserves stood at about 468.5 months of spending, up from 0 in 2019. Staff pay was 0% of spending. $55,359,576 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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