Logo for "Medical Care Development Inc"

Medical Care Development Inc

Medical Care Development Inc

Hallowell, ME, US
a.k.a MCD Global Health
501(c)(3)
EIN
01-6022787
Women Led
BIPOC Led
LGBTQ+ Led
Logo for "Medical Care Development Inc"

Medical Care Development Inc

Hallowell, ME, US
a.k.a MCD Global Health
501(c)(3)
EIN
01-6022787
Women Led
BIPOC Led
LGBTQ+ Led

Balance Sheet

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

$12,241,885

Receivables (Non-Related)
66%
Cash & Equivalents
13%
Investments
11%
Other Assets
7%
Prepaid Expenses
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$9,343,280

Payables & Accruals
55%
Deferred Revenue
26%
Notes Payable / Debt (Non-Related)
10%
Other Liabilities
9%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$967,610
$1,616,922
+67%
Receivables (Non-Related)
$11,517,549
$8,138,953
-29%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$124,300
$175,760
+41%
Investments
$1,212,620
$1,397,935
+15%
Property, Plant, & Equipment (net)
$114,835
$66,757
-42%
Other Assets
$1,002,503
$845,558
-16%
Total Assets
$14,939,417
$12,241,885
-18%
Liabilities
2023
2024
Change
Payables & Accruals
$5,492,934
$5,181,060
-6%
Grants Payable
-
-
-
Deferred Revenue
$4,089,330
$2,389,594
-42%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$900,000
-
Related-Party Payables
-
-
-
Other Liabilities
$1,023,757
$872,626
-15%
Total Liabilities
$10,606,021
$9,343,280
-12%
Net assets
2023
2024
Change
Restricted Net Assets
$255,221
$258,218
+1%
Unrestricted Net Assets
$4,078,175
$2,640,387
-35%
Net assets
2023
2024
Change
Net assets
+$4,333,396
+$2,898,605
-33%
Balance Sheet
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