Forsyth Medical Center Foundation
Winston Salem, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
How This Organization Compares
Compared to 2 peers in Health Care with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $5,595,810↓14% | $4,708,949↑11% | $83,318,371↑9% | — |
| 2022 | $6,515,248↓45% | $4,236,616↓47% | $76,328,659↓13% | — |
| 2021 | $11,824,054↑160% | $8,009,328↑26% | $87,707,112↑15% | — |
| 2020 | $4,547,702↓13% | $6,336,683↑38% | $76,412,896↑1% | — |
| 2019 | $5,251,973↓26% | $4,590,239↓7% | $75,295,968↑13% | — |
| 2018 | $7,096,116↑2% | $4,935,020↓31% | $66,720,825↓8% | — |
| 2017 | $6,959,845↑45% | $7,171,768↑98% | $72,848,428↑13% | — |
| 2016 | $4,802,186↑16% | $3,623,271↓2% | $64,241,508↑10% | — |
| 2015 | $4,140,512↓18% | $3,710,350↓35% | $58,278,929↓3% | — |
| 2014 | $5,057,015↑17% | $5,749,605↑43% | $60,091,596 | — |
| 2013 | $4,308,639↑11% | $4,022,489↓26% | $60,326,734↑14% | — |
| 2012 | $3,885,199↑13% | $5,453,143 | $53,096,918↑11% | — |
| 2011 | $3,436,558 | $5,446,787 | $47,933,200 | — |
Frequently Asked Questions
What does Forsyth Medical Center Foundation do?▼
Forsyth Medical Center Foundation is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E112 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Forsyth Medical Center Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Forsyth Medical Center Foundation has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Forsyth Medical Center Foundation generate?▼
Forsyth Medical Center Foundation reports $5.1M in annual revenue and holds $89.5M in total assets, based on IRS filings.
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