Riverside County Physicians Memorial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 264,942 | 205,688 | 59,254 | 34.0 | 48% |
| 2012 | 392,830 | 240,971 | 151,859 | 36.6 | 46% |
| 2013 | 330,192 | 254,852 | 75,340 | 38.1 | 35% |
| 2014 | 348,808 | 228,269 | 120,539 | 48.9 | 37% |
| 2015 | 526,926 | 479,777 | 47,149 | 24.5 | 19% |
| 2016 | 274,497 | 241,717 | 32,780 | 53.3 | 38% |
| 2017 | 462,828 | 251,648 | 211,180 | 61.9 | 37% |
| 2018 | 1,209,395 | 255,359 | 954,036 | 99.6 | 36% |
| 2019 | 355,666 | 258,181 | 97,485 | 113.9 | 34% |
| 2020 | 546,134 | 253,203 | 292,931 | 121.8 | 41% |
| 2021 | 455,641 | 247,344 | 208,297 | 137.2 | 38% |
| 2022 | 161,240 | 270,329 | −109,089 | 106.5 | 32% |
| 2023 | 240,202 | 302,548 | −62,346 | 107.0 | 29% |
In its most recent public year (2023), this organization spent $62,346 more than it brought in. Its reserves stood at about 107 months of spending, up from 34 in 2011. Staff pay was 29% of spending. $2,696,990 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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