Logo for "CHILDREN'S HOSPITAL OF MICHIGAN FOUNDATION"

CHILDREN'S HOSPITAL OF MICHIGAN FOUNDATION

CHILDREN'S HOSPITAL OF MICHIGAN FOUNDATION

Detroit, MI, US
501(c)3
EIN
32-0087353
DAF Sponsor
Regional Funder
Logo for "CHILDREN'S HOSPITAL OF MICHIGAN FOUNDATION"

CHILDREN'S HOSPITAL OF MICHIGAN FOUNDATION

Detroit, MI, US
501(c)3
EIN
32-0087353
DAF Sponsor
Regional Funder

Balance Sheet

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

$165,103,861

Investments
82%
Cash & Equivalents
11%
Receivables (Non-Related)
7%
Other Assets
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$1,658,663

Other Liabilities
52%
Payables & Accruals
48%
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
$7,613,528
$17,343,511
+128%
Receivables (Non-Related)
$8,302,912
$10,939,875
+32%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$102,374
$116,987
+14%
Investments
$123,221,678
$135,158,597
+10%
Property, Plant, & Equipment (net)
$63,125
$48,652
-23%
Other Assets
$1,534,985
$1,496,239
-3%
Total Assets
$140,838,602
$165,103,861
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$322,814
$796,924
+147%
Grants Payable
$88,851
$0
-100%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$996,499
$861,739
-14%
Total Liabilities
$1,408,164
$1,658,663
+18%
Net assets
2023
2024
Change
Restricted Net Assets
$120,240,630
$142,060,729
+18%
Unrestricted Net Assets
$19,189,808
$21,384,469
+11%
Net assets
2023
2024
Change
Net assets
+$139,430,438
+$163,445,198
+17%
Balance Sheet
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