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BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY
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BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY
BOSTON, MA, US
•
501(c)(3)
•
EIN
04-2103576
•
WWW.FRANKLINCUMMINGS.EDU
•
School
BENJAMIN FRANKLIN CUMMINGS INSTITUTE OF TECHNOLOGY
Sign up to claim this org
BOSTON, MA, US
•
501(c)(3)
•
EIN
04-2103576
•
WWW.FRANKLINCUMMINGS.EDU
•
School
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet
Fiscal Year Start:
Jul 1
Assets in
2024
(Year End)
$45,231,193
Receivables (Non-Related)
83%
Property, Plant, & Equipment (net)
7%
Cash & Equivalents
6%
Investments
4%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in
2024
(Year End)
$33,169,487
Notes Payable / Debt (Non-Related)
70%
Deferred Revenue
26%
Payables & Accruals
5%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,358,390
$2,741,133
+16%
Receivables (Non-Related)
$4,144,213
$37,324,078
+801%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$192,861
$107,312
-44%
Investments
$1,270,200
$1,646,137
+30%
Property, Plant, & Equipment (net)
$14,691,197
$3,391,293
-77%
Other Assets
$39,495
$21,240
-46%
Total Assets
$22,696,356
$45,231,193
+99%
Liabilities
2023
2024
Change
Payables & Accruals
$1,502,932
$1,576,266
+5%
Grants Payable
$0
$0
-
Deferred Revenue
$914,324
$8,512,313
+831%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$11,435,155
$23,079,668
+102%
Related-Party Payables
$0
$0
-
Other Liabilities
$19,774
$1,240
-94%
Total Liabilities
$13,872,185
$33,169,487
+139%
Net assets
2023
2024
Change
Restricted Net Assets
$7,632,900
$8,693,799
+14%
Unrestricted Net Assets
$1,191,271
$3,367,907
+183%
Net assets
2023
2024
Change
Net assets
+$8,824,171
+$12,061,706
+37%
Balance Sheet
