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HEALTHCARE INITIATIVE FOUNDATION

HEALTHCARE INITIATIVE FOUNDATION

GERMANTOWN, MD, US
•
501(c)(3)
•
EIN
23-7324576
•
WWW.HIFMC.ORG
•
Open for Solicitation
Private Foundation
Regional Funder
funder logo

HEALTHCARE INITIATIVE FOUNDATION

GERMANTOWN, MD, US
•
501(c)(3)
•
EIN
23-7324576
•
WWW.HIFMC.ORG
•
Open for Solicitation
Private Foundation
Regional Funder
Overview
Programs
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Income Statement
Balance Sheet
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Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$2,572,964

Other
62%
Investments
38%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$1,709,963

Grants
53%
Salaries & Benefits
29%
Fees to Service Providers
10%
Other
8%
Offices, Occupancy & IT
1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$801,384
$983,072
+23%
Other
$388,742
$1,589,892
+309%
Total Revenues
$1,190,126
$2,572,964
+116%
Expenses
2023
2024
Change
Grants
$1,078,734
$898,480
-17%
Benefits to Members
$0
$0
-
Salaries & Benefits
$448,006
$487,795
+9%
Fees to Service Providers
$169,382
$163,514
-3%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$17,206
$22,749
+32%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$105,872
$137,425
+30%
Total Expenses
$1,819,200
$1,709,963
-6%
Net income
2023
2024
Change
Net income
-$629,074
+$863,001
-237%
Income Statement
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