funder logo

THE FOUNDATION FOR MOUNT NITTANY MEDICAL CENTER INC

THE FOUNDATION FOR MOUNT NITTANY MEDICAL CENTER INC

STATE COLLEGE, PA, US
501(c)(3)
EIN
57-1138956
Fund Raising & Fund Distribution
Hospital
Regional Funder
funder logo

THE FOUNDATION FOR MOUNT NITTANY MEDICAL CENTER INC

STATE COLLEGE, PA, US
501(c)(3)
EIN
57-1138956
Fund Raising & Fund Distribution
Hospital
Regional Funder

Balance Sheet

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

$24,256,882

Investments
76%
Cash & Equivalents
17%
Receivables (Non-Related)
7%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$266,384

Other Liabilities
76%
Payables & Accruals
24%
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%
Assets
2023
2024
Change
Cash & Equivalents
$2,353,144
$4,086,236
+74%
Receivables (Non-Related)
$223,350
$1,818,156
+714%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$16,904,426
$18,352,490
+9%
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
-
-
-
Total Assets
$19,480,920
$24,256,882
+25%
Liabilities
2023
2024
Change
Payables & Accruals
$84,585
$65,147
-23%
Grants Payable
-
-
-
Deferred Revenue
$156
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$212,262
$201,237
-5%
Total Liabilities
$297,003
$266,384
-10%
Net assets
2023
2024
Change
Restricted Net Assets
$8,148,041
$10,381,272
+27%
Unrestricted Net Assets
$11,035,876
$13,609,226
+23%
Net assets
2023
2024
Change
Net assets
+$19,183,917
+$23,990,498
+25%
Balance Sheet
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