Overview
What is Wake Forest University Health Sciences?
Wake Forest University Health Sciences, located in Winston-Salem, North Carolina, is an integral part of Atrium Health Wake Forest Baptist, a leading learning health system and academic medical center. With a mission to improve health, elevate hope, and advance healing for all, the organization boasts a workforce of 2135 employees. It excels in medical research, encompassing basic science, clinical research, and population-based studies, with a total of 1,114 grants. Their primary goal is to acquire and advance scientific knowledge and new technology, transferring these discoveries to industry and patients to prevent and treat diseases and promote health.
Official website here: www.wakehealth.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars) from Charity Navigator
Wake Forest University Health Sciences has achieved a noteworthy Four-Star rating due to its exceptional performance in accountability and finance, scoring 91%. This high rating reflects the organization's commitment to transparency and responsible financial practices, which are crucial for gaining the trust of donors and stakeholders. The evaluation is entirely based on the Accountability & Finance score, indicating a strong focus on these critical areas.
Strengths of the organization include its independent board governance, with 85% of its members being independent, and a robust financial oversight system that ensures integrity in financial reporting. The organization also has no material diversions of assets, indicating a strong adherence to ethical practices. Additionally, the high program expense ratio of 96.01% suggests that a significant portion of its resources is directed towards its mission-related activities.
However, while the financial standing appears solid, the liabilities to assets ratio at 57.22% could indicate a moderate level of debt relative to its assets. This aspect might warrant closer scrutiny to ensure long-term financial sustainability. Overall, Wake Forest University Health Sciences demonstrates a strong commitment to accountability and prudent financial management, making it a reputable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Wake Forest University Health Sciences legitimate?
Wake Forest University Health Sciences is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wake Forest University Health Sciences submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $27,012,682
Professional Fundraising Fees: $1,293,298
Other Salaries and Wages: $736,298,900
For more financial information, click here
Official website here: www.wakehealth.edu
What is the mission statement of Wake Forest University Health Sciences?
Wake Forest University Health Sciences strives to enhance overall health and well-being for all, instilling hope and driving advancements in healing. As an integral part of Atrium Health Wake Forest Baptist, this esteemed academic medical center excels in patient care, research, and education, fostering balanced excellence. Its mission encompasses improving health, reviving hope, and progressing healing for everyone. Wake Forest University Health Sciences aims to be the premier choice for healthcare services, upholding a commitment to collaboration, innovation, and a dedication to bettering health outcomes for all.
Official website here: www.wakehealth.edu
Who is the CEO of Wake Forest University Health Sciences?
Julie Ann Freischlag Md is the Director, Ceo, Dean of Wake Forest University Health Sciences. The CEO's salary of Wake Forest University Health Sciences is $5,155,928 and their total compensation is $5,824,024.
Official website here: www.wakehealth.edu
What is the revenue of Wake Forest University Health Sciences?
Wake Forest University Health Sciences's revenue in 2022 was $1,216,917,552.
Official website here: www.wakehealth.edu
Who are the executives of Wake Forest University Health Sciences and what are their salaries?
The average compensation at Wake Forest University Health Sciences during 2022 was $357,523. There are 2135 employees and 1852 volunteers at Wake Forest University Health Sciences.
Here are 39 key members and their salaries (Wake Forest University Health Sciences's CEO's salary is $5,155,928 and their total compensation is $5,824,024):
- Compensation: $5,155,928
- Related: $0
- Other: $668,096
- Compensation: $0
- Related: $1,398,169
- Other: $314,071
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,690,428
- Related: $0
- Other: $289,736
- Compensation: $1,579,819
- Related: $0
- Other: $290,900
- Compensation: $1,335,054
- Related: $0
- Other: $135,513
- Compensation: $819,018
- Related: $0
- Other: $146,647
- Compensation: $0
- Related: $606,014
- Other: $101,136
- Compensation: $0
- Related: $526,927
- Other: $96,105
- Compensation: $0
- Related: $520,841
- Other: $29,632
- Compensation: $0
- Related: $201,322
- Other: $43,395
- Compensation: $0
- Related: $647,740
- Other: $142,213
- Compensation: $1,922,726
- Related: $0
- Other: $47,175
- Compensation: $1,614,311
- Related: $0
- Other: $50,130
- Compensation: $1,374,790
- Related: $0
- Other: $222,841
- Compensation: $1,194,415
- Related: $0
- Other: $129,667
- Compensation: $0
- Related: $1,214,277
- Other: $49,376
- Compensation: $0
- Related: $277,946
- Other: $4,452
- Compensation: $0
- Related: $965,961
- Other: $59,341
Official website here: www.wakehealth.edu
Where can I find the form 990 for Wake Forest University Health Sciences?
Wake Forest University Health Sciences's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wakehealth.edu
Learn more at the official website: www.wakehealth.edu
Mission Statement of Wake Forest University Health Sciences
Wake Forest University Health Sciences, often referred to as WFUHS, is a significant component of Atrium Health Wake Forest Baptist, a renowned learning health system and academic medical center. With a commitment to balanced excellence in patient care, research, and education, WFUHS strives to promote better health for all through collaboration, excellence, and innovation.
The organization's mission is threefold: to improve health, elevate hope, and advance healing for everyone. Wake Forest University Health Sciences is dedicated to enhancing the overall wellbeing of individuals, providing them with hope during challenging health circumstances, and ultimately, helping them heal. By focusing on these key areas, WFUHS aspires to be the first and best choice for care.
Wake Forest University Health Sciences is an integral part of Atrium Health Wake Forest Baptist, a preeminent healthcare institution known for its dedication to bettering the health of the community. Through its innovative and collaborative approach, WFUHS contributes to the improvement of health outcomes for a diverse population, ensuring the provision of high-quality care for all.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Wake Forest University Health Sciences significantly impacts health and well-being through its commitment to medical research and innovation. Focused on improving health, elevating hope, and advancing healing for all, it conducts comprehensive research encompassing basic science, clinical studies, and population-based investigations. With over 1,100 grants, the institution fosters the acquisition and enhancement of scientific knowledge, pushing the boundaries of new technologies aimed at disease prevention and treatment.
As a cornerstone of Atrium Health Wake Forest Baptist, this academic medical center combines excellence in patient care, research, and education to promote better health outcomes. Its collaborative approach ensures that breakthroughs in medical research are effectively transferred to both industry and patient care, making it a vital contributor to community health improvement and medical advancement. Through its mission, Wake Forest University Health Sciences is dedicated to making significant strides in healthcare accessibility and effectiveness for diverse populations in Winston-Salem, NC, and beyond.
This information is meant to be a general summary of Wake Forest University Health Sciences. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$39,361,966
- Program Service Revenue: $975,868,524
- Gross Receipts: $1,317,397,024
Assets and Liabilities:
- Total Assets: $1,941,039,363
- Total Liabilities: $1,110,751,546
- Net Assets: $830,287,817
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$913,642,629
TUITION REVENUE
Revenue
$62,225,895
Organization Details
Founding Year
2001
Phone
(336) 716-4445Principal Officer
Julie Ann Freischlag Md
Main Address
MEDICAL CENTER BOULEVARD, WINSTONSALEM, NC, 27157
Website
www.wakehealth.eduNTEE Category
Code: B50 - Education
If you are a representative of Wake Forest University Health Sciences and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.