Marimed Foundation For Island Health Care Training
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,136,599 | 3,532,034 | −395,435 | 13.0 | 52% |
| 2012 | 3,262,705 | 3,993,903 | −731,198 | 9.3 | 46% |
| 2013 | 2,882,173 | 2,828,224 | 53,949 | 13.4 | 48% |
| 2014 | 2,733,373 | 2,770,036 | −36,663 | 13.5 | 7% |
| 2015 | 3,912,831 | 3,648,166 | 264,665 | 11.1 | 5% |
| 2016 | 4,257,529 | 4,290,661 | −33,132 | 9.2 | 4% |
| 2017 | 4,885,284 | 4,523,617 | 361,667 | 9.6 | 54% |
| 2018 | 798,552 | 1,603,433 | −804,881 | 21.4 | 39% |
| 2019 | 1,307,429 | 1,151,031 | 156,398 | 32.0 | 34% |
| 2020 | 772,383 | 1,041,183 | −268,800 | 32.3 | 39% |
| 2021 | 3,819,067 | 945,087 | 2,873,980 | 64.9 | 39% |
| 2022 | 794,224 | 922,267 | −128,043 | 56.6 | 35% |
| 2023 | 325,410 | 766,879 | −441,469 | 68.6 | 29% |
In its most recent public year (2023), this organization spent $441,469 more than it brought in. Its reserves stood at about 68.6 months of spending, up from 13 in 2011. Staff pay was 29% 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
Marimed Foundation For Island Health Care Training's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works