Logo for "NORTHERN ESSEX COMMUNITY COLLEGE FOUNDATION INC"

NORTHERN ESSEX COMMUNITY COLLEGE FOUNDATION INC

NORTHERN ESSEX COMMUNITY COLLEGE FOUNDATION INC

HAVERHILL, MA, US
•
501(c)(3)
•
EIN
04-2759634
•
WWW.NECC.MASS.EDU/ENGAGE/ALUMNI-AND-GIVING/NECC-BOARDS/NECC-FOUNDATION
•
Regional Funder
Women Led
BIPOC Led
LGBTQ+ Led
Logo for "NORTHERN ESSEX COMMUNITY COLLEGE FOUNDATION INC"

NORTHERN ESSEX COMMUNITY COLLEGE FOUNDATION INC

HAVERHILL, MA, US
•
501(c)(3)
•
EIN
04-2759634
•
WWW.NECC.MASS.EDU/ENGAGE/ALUMNI-AND-GIVING/NECC-BOARDS/NECC-FOUNDATION
•
Regional Funder
Women Led
BIPOC Led
LGBTQ+ Led
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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Balance Sheet

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

$10,062,323

Investments
88%
Cash & Equivalents
9%
Receivables (Non-Related)
4%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$30,087

Payables & Accruals
55%
Deferred Revenue
45%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,709,251
$871,532
-49%
Receivables (Non-Related)
$639,607
$373,874
-42%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$2,160
$2,177
+1%
Investments
$6,572,312
$8,813,490
+34%
Property, Plant, & Equipment (net)
-
$0
-
Other Assets
$666,666
$1,250
-100%
Total Assets
$9,589,996
$10,062,323
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$14,100
$16,427
+17%
Grants Payable
-
$0
-
Deferred Revenue
$7,330
$13,660
+86%
Tax-Exempt Bond Liabilities
-
$0
-
Custodial & Escrow Liabilities
-
$0
-
Notes Payable / Debt (Non-Related)
-
$0
-
Related-Party Payables
-
$0
-
Other Liabilities
-
$0
-
Total Liabilities
$21,430
$30,087
+40%
Net assets
2023
2024
Change
Restricted Net Assets
$7,932,394
$8,189,291
+3%
Unrestricted Net Assets
$1,636,172
$1,842,945
+13%
Net assets
2023
2024
Change
Net assets
+$9,568,566
+$10,032,236
+5%
Balance Sheet
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