INOVA HEALTH SYSTEM FOUNDATION
INOVA HEALTH SYSTEM FOUNDATION
INOVA HEALTH SYSTEM FOUNDATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$9,169,739,339
Investments
96%
Other Assets
3%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$3,002,714,319
Other Liabilities
>99%
Payables & Accruals
<1%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,391,952
$1,622,685
-52%
Receivables (Non-Related)
$85,811,346
$85,992,681
+0%
Related-Party Receivables
-
-
-
Inventories
$0
-
-
Prepaid Expenses
$1,316,265
$411,069
-69%
Investments
$7,672,480,038
$8,834,687,656
+15%
Property, Plant, & Equipment (net)
$3,571,490
$4,672,096
+31%
Other Assets
$93,975,608
$242,353,152
+158%
Total Assets
$7,860,546,699
$9,169,739,339
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$2,651,846
$1,001,313
-62%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$415,545
$220,869
-47%
Related-Party Payables
-
-
-
Other Liabilities
$2,678,292,245
$3,001,492,137
+12%
Total Liabilities
$2,681,359,636
$3,002,714,319
+12%
Net assets
2023
2024
Change
Restricted Net Assets
$297,957,327
$326,088,242
+9%
Unrestricted Net Assets
$4,881,229,736
$5,840,936,778
+20%
Net assets
2023
2024
Change
Net assets
+$5,179,187,063
+$6,167,025,020
+19%
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