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
How to Apply
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Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$5,125,851

Other
42%
Contributions
32%
Investments
21%
Government Grants
5%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$4,621,721

Grants
78%
Salaries & Benefits
11%
Other
7%
Fees to Service Providers
2%
Offices, Occupancy & IT
2%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$3,967,017
$1,621,397
-59%
Government Grants
$0
$253,999
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$876,173
$1,078,420
+23%
Other
$752,620
$2,172,035
+189%
Total Revenues
$5,595,810
$5,125,851
-8%
Expenses
2023
2024
Change
Grants
$3,974,213
$3,622,380
-9%
Benefits to Members
$0
$0
-
Salaries & Benefits
$541,020
$509,301
-6%
Fees to Service Providers
$57,178
$73,108
+28%
Advertising & Promotion
$9,616
$27,262
+184%
Offices, Occupancy & IT
$44,408
$70,085
+58%
Interest
$0
$0
-
Depreciation
$11,363
$11,363
+0%
Other
$71,151
$308,222
+333%
Total Expenses
$4,708,949
$4,621,721
-2%
Net income
2023
2024
Change
Net income
+$886,861
+$504,130
-43%
Functional Expenses
Summary
2023
2024
Change
Program
$4,114,699
$3,836,951
-7%
Admin
$375,863
$512,939
+36%
Fundraising
$218,387
$271,831
+24%
Total Expenses
$4,708,949
$4,621,721
-2%
Income Statement
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