EVMS ACADEMIC PHYSICIANS AND SURGEONS HEALTH SERVICES FOUNDATION

EVMS ACADEMIC PHYSICIANS AND SURGEONS HEALTH SERVICES FOUNDATION

NORFOLK, VA, US
501(c)(3)
EIN
52-1576648

EVMS ACADEMIC PHYSICIANS AND SURGEONS HEALTH SERVICES FOUNDATION

NORFOLK, VA, US
501(c)(3)
EIN
52-1576648

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$96,409,437

Program Services
88%
Other
11%
Investments
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$90,570,714

Salaries & Benefits
72%
Offices, Occupancy & IT
10%
Other
9%
Fees to Service Providers
5%
Grants
4%
Depreciation
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$80,860,889
$85,017,552
+5%
Membership Dues
$0
$0
-
Investments
$217,992
$918,795
+321%
Other
$4,208,982
$10,473,090
+149%
Total Revenues
$85,287,863
$96,409,437
+13%
Expenses
2023
2024
Change
Grants
$4,256,110
$3,610,840
-15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$53,270,469
$64,760,269
+22%
Fees to Service Providers
$3,026,943
$4,234,908
+40%
Advertising & Promotion
$18,264
$27,275
+49%
Offices, Occupancy & IT
$10,312,196
$9,071,388
-12%
Interest
$18,659
$0
-100%
Depreciation
$854,453
$804,556
-6%
Other
$4,621,436
$8,061,478
+74%
Total Expenses
$76,378,530
$90,570,714
+19%
Net income
2023
2024
Change
Net income
+$8,909,333
+$5,838,723
-34%
Functional Expenses
Summary
2023
2024
Change
Program
$67,377,667
$80,517,905
+20%
Admin
$9,000,863
$10,052,809
+12%
Fundraising
$0
$0
-
Total Expenses
$76,378,530
$90,570,714
+19%
Income Statement
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