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Torrance Memorial Medical Center Health Care Foundation

Torrance Memorial Medical Center Health Care Foundation

TORRANCE, CA, US
501(c)(3)
EIN
95-3528452
Hospital
Regional Funder
funder logo

Torrance Memorial Medical Center Health Care Foundation

TORRANCE, CA, US
501(c)(3)
EIN
95-3528452
Hospital
Regional Funder

Balance Sheet

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

$139,873,871

Receivables (Non-Related)
63%
Investments
19%
Cash & Equivalents
10%
Other Assets
8%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$1,002,300

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
$11,859,492
$14,373,156
+21%
Receivables (Non-Related)
$78,442,049
$88,704,144
+13%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$20,372,068
$26,104,110
+28%
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$10,313,076
$10,692,461
+4%
Total Assets
$120,986,685
$139,873,871
+16%
Liabilities
2023
2024
Change
Payables & Accruals
$997,519
$1,002,300
+0%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$997,519
$1,002,300
+0%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$119,989,166
+$138,871,571
+16%
Balance Sheet
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