HAZELDEN BETTY FORD FOUNDATION AND SUBSIDIARIES CONSOLIDATED FINANCIAL HIGHLIGHTS
Years Ended December 31 (in thousands)
OPERATING REVENUES
2017 2018
$139,193 $154,347
20,366 20,718
Unrestricted Contributions 1,675 2,595
Tuition and Workshops, Net 3,187 3,563
Prevention Program Fees 1,813 1,724
Net Assets Released from Restrictions-Operations 6,174 7,048
Other 1,567 1,341
$173,975 $191,336
2017 2018
$117,831 $114,530
Other Operating Expenses 50,068 51,263
Depreciation, Amortization, and Accretion 20,985 19,038
$188,884 $184,831
($14,909) $6,505
3,214 3,796
12,619 (10,171)
$924 $130
924 (7,121)
$1,848 ($6,991)
300,741 302,589
$302,589 $295,598
Patient Service Revenue, Net
Publishing Revenue, Net
Total Operating Revenue
OPERATING EXPENSES
Salaries, Wages, and Benefits
Total Operating Expenses
Operating (Loss) Income
Nonoperating Gains, Principally Investment Earnings
Other Changes in Net Assets without Donor Restrictions,
Principally Unrealized (Losses) Gains on Investments
Total Change in Net Assets without Donor Restrictions
Change in Net Assets with Donor Restrictions
Total Change in Net Assets
NET ASSETS, BEGINNING OF YEAR
NET ASSETS, END OF YEAR
Certain amounts appearing in the 2017 financial statements have been reclassified to conform with the 2018 presentation.
The reclassifications have no effect on previously reported amounts of total net assets or changes in net assets.
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