ALBERT EINSTEIN HEALTHCARE NETWORK GROUP LETTER RULING

ALBERT EINSTEIN HEALTHCARE NETWORK GROUP LETTER RULING

Philadelphia, PA, US
501(c)3
EIN
46-5338502
Hospital
Subordinate Organization

ALBERT EINSTEIN HEALTHCARE NETWORK GROUP LETTER RULING

Philadelphia, PA, US
501(c)3
EIN
46-5338502
Hospital
Subordinate Organization

Balance Sheet

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

$1,582,717,879

Property, Plant, & Equipment (net)
40%
Investments
30%
Receivables (Non-Related)
15%
Other Assets
12%
Inventories
2%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$1,023,510,361

Other Liabilities
64%
Payables & Accruals
36%
Deferred Revenue
<1%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$26,719
$1,702,340
+6271%
Receivables (Non-Related)
$162,817,435
$241,393,452
+48%
Related-Party Receivables
$0
$0
-
Inventories
$25,879,635
$24,556,983
-5%
Prepaid Expenses
$7,109,600
$6,508,489
-8%
Investments
$470,937,690
$481,985,389
+2%
Property, Plant, & Equipment (net)
$652,919,237
$638,588,532
-2%
Other Assets
$270,223,536
$187,982,694
-30%
Total Assets
$1,589,913,852
$1,582,717,879
0%
Liabilities
2023
2024
Change
Payables & Accruals
$391,836,133
$367,138,666
-6%
Grants Payable
$0
$0
-
Deferred Revenue
$7,680,291
$2,316,543
-70%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$3,446,868
$2,024,548
-41%
Related-Party Payables
$0
$0
-
Other Liabilities
$586,686,405
$652,030,604
+11%
Total Liabilities
$989,649,697
$1,023,510,361
+3%
Net assets
2023
2024
Change
Restricted Net Assets
$147,183,489
$156,040,833
+6%
Unrestricted Net Assets
$453,080,666
$403,166,685
-11%
Net assets
2023
2024
Change
Net assets
+$600,264,155
+$559,207,518
-7%
Balance Sheet
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