WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER

WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER

Winstonsalem, NC, US
501(c)3
EIN
51-0190238
Regional Funder
Hospital

WAKE FOREST UNIVERSITY BAPTIST MEDICAL CENTER

Winstonsalem, NC, US
501(c)3
EIN
51-0190238
Regional Funder
Hospital

Balance Sheet

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

$648,834,754

Cash & Equivalents
65%
Property, Plant, & Equipment (net)
13%
Other Assets
9%
Investments
9%
Receivables (Non-Related)
5%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)

$1,005,577,544

Payables & Accruals
71%
Tax-Exempt Bond Liabilities
24%
Other Liabilities
5%
Notes Payable / Debt (Non-Related)
<1%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$355,769,850
$420,374,572
+18%
Receivables (Non-Related)
$54,170,063
$30,780,751
-43%
Related-Party Receivables
-
-
-
Inventories
$17,819
$17,284
-3%
Prepaid Expenses
$113,846
$73,239
-36%
Investments
$48,602,041
$55,830,979
+15%
Property, Plant, & Equipment (net)
$50,478,276
$82,250,597
+63%
Other Assets
$60,083,264
$59,507,332
-1%
Total Assets
$569,235,159
$648,834,754
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$552,093,354
$710,595,767
+29%
Grants Payable
-
-
-
Deferred Revenue
$1,105,680
$1,295,194
+17%
Tax-Exempt Bond Liabilities
$241,088,424
$241,158,212
+0%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$22,668,291
$2,476,810
-89%
Related-Party Payables
-
-
-
Other Liabilities
$50,984,555
$50,051,561
-2%
Total Liabilities
$867,940,304
$1,005,577,544
+16%
Net assets
2023
2024
Change
Restricted Net Assets
$50,084,929
$38,963,170
-22%
Unrestricted Net Assets
-$348,790,074
-$395,705,960
-13%
Net assets
2023
2024
Change
Net assets
-$298,705,145
-$356,742,790
-19%
Balance Sheet
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