WAKE FOREST UNIVERSITY HEALTH SCIENCES

WAKE FOREST UNIVERSITY HEALTH SCIENCES

Winstonsalem, NC, US
501(c)3
EIN
22-3849199
School
Regional Funder
Parent Organization

WAKE FOREST UNIVERSITY HEALTH SCIENCES

Winstonsalem, NC, US
501(c)3
EIN
22-3849199
School
Regional Funder
Parent Organization

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$2,186,649,419

Investments
53%
Property, Plant, & Equipment (net)
17%
Receivables (Non-Related)
16%
Other Assets
13%
Cash & Equivalents
<1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$1,165,536,588

Payables & Accruals
55%
Deferred Revenue
19%
Other Liabilities
17%
Tax-Exempt Bond Liabilities
9%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$776,255
$7,024,898
+805%
Receivables (Non-Related)
$295,897,292
$357,585,814
+21%
Related-Party Receivables
-
-
-
Inventories
$3,310,978
$2,340,719
-29%
Prepaid Expenses
$4,221,008
$1,617,744
-62%
Investments
$1,182,425,333
$1,161,505,442
-2%
Property, Plant, & Equipment (net)
$342,674,081
$376,122,207
+10%
Other Assets
$269,691,671
$280,452,595
+4%
Total Assets
$2,098,996,618
$2,186,649,419
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$688,994,756
$640,201,529
-7%
Grants Payable
-
-
-
Deferred Revenue
$63,854,913
$219,136,126
+243%
Tax-Exempt Bond Liabilities
$115,646,226
$106,320,537
-8%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,499,122
$1,118,976
-55%
Related-Party Payables
-
-
-
Other Liabilities
$244,269,651
$198,759,420
-19%
Total Liabilities
$1,115,264,668
$1,165,536,588
+5%
Net assets
2023
2024
Change
Restricted Net Assets
$371,644,296
$437,726,585
+18%
Unrestricted Net Assets
$612,087,654
$583,386,246
-5%
Net assets
2023
2024
Change
Net assets
+$983,731,950
+$1,021,112,831
+4%
Balance Sheet
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