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Foundation for Morristown Medical Center
Foundation for Morristown Medical Center
Morristown, NJ, US
•
501(c)(3)
•
EIN
22-3392808
•
www.f4mmc.org
•
Hospital
Regional Funder
Foundation for Morristown Medical Center
Morristown, NJ, US
•
501(c)(3)
•
EIN
22-3392808
•
www.f4mmc.org
•
Hospital
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Grants Received
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Balance Sheet
Fiscal Year Start:
Jan 1
Assets in
2024
(Year End)
$228,398,929
Receivables (Non-Related)
55%
Investments
40%
Other Assets
6%
Cash & Equivalents
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Liabilities in
2024
(Year End)
$8,919,082
Other Liabilities
64%
Payables & Accruals
36%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
-
-
-
Receivables (Non-Related)
$115,598,610
$124,902,831
+8%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$81,440,816
$90,290,309
+11%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$3,817,584
$13,205,789
+246%
Total Assets
$200,857,010
$228,398,929
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$2,817,804
$3,245,309
+15%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,928,886
$5,673,773
+194%
Total Liabilities
$4,746,690
$8,919,082
+88%
Net assets
2023
2024
Change
Restricted Net Assets
$145,876,065
$161,264,200
+11%
Unrestricted Net Assets
$50,234,255
$58,215,647
+16%
Net assets
2023
2024
Change
Net assets
+$196,110,320
+$219,479,847
+12%
Balance Sheet
