Logo for "FORSYTH MEDICAL CENTER FOUNDATION"

FORSYTH MEDICAL CENTER FOUNDATION

FORSYTH MEDICAL CENTER FOUNDATION

Winston Salem, NC, US
•
501(c)3
•
EIN
56-2120959
•
WWW.SUPPORTNOVANTHEALTH.ORG
•
Fund Raising & Fund Distribution
Regional Funder
Hospital
Logo for "FORSYTH MEDICAL CENTER FOUNDATION"

FORSYTH MEDICAL CENTER FOUNDATION

Winston Salem, NC, US
•
501(c)3
•
EIN
56-2120959
•
WWW.SUPPORTNOVANTHEALTH.ORG
•
Fund Raising & Fund Distribution
Regional Funder
Hospital
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

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

$89,545,285

Investments
95%
Receivables (Non-Related)
3%
Cash & Equivalents
1%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)

$62,548

Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,347,054
$1,071,554
-20%
Receivables (Non-Related)
$3,672,445
$2,834,395
-23%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$78,205,439
$85,505,430
+9%
Property, Plant, & Equipment (net)
$93,433
$82,071
-12%
Other Assets
-
$51,835
-
Total Assets
$83,318,371
$89,545,285
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$90,795
$62,548
-31%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$928,579
$0
-100%
Total Liabilities
$1,019,374
$62,548
-94%
Net assets
2023
2024
Change
Restricted Net Assets
$14,347,259
$14,450,309
+1%
Unrestricted Net Assets
$67,951,738
$75,032,428
+10%
Net assets
2023
2024
Change
Net assets
+$82,298,997
+$89,482,737
+9%
Balance Sheet
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