SOMERVILLE HOMELESS COALITION, INC. (EIN 04-2897447)

SOMERVILLE HOMELESS COALITION, INC.

SOMERVILLE, MA, US

•

a.k.a SHC

•

501(c)(3)

•

EIN

04-2897447

•

WWW.SOMERVILLEHOMELESSCOALITION.ORG

•

Women Led

LGBTQ+ Led

SOMERVILLE HOMELESS COALITION, INC.

SOMERVILLE, MA, US

•

a.k.a SHC

•

501(c)(3)

•

EIN

04-2897447

•

WWW.SOMERVILLEHOMELESSCOALITION.ORG

•

Women Led

LGBTQ+ Led

Overview

Programs

990s

Income Statement

Balance Sheet

People

Board & Team

Financials

Financial Trends

Funding

Funders

Grants Received

Hide details

Balance Sheet

Fiscal Year Start:

Jul 1

Assets in 2024 (Year End)

$6,438,116

Cash & Equivalents

51%

Receivables (Non-Related)

25%

Other Assets

15%

Property, Plant, & Equipment (net)

Prepaid Expenses

Related-Party Receivables

Inventories

Investments

Liabilities in 2024 (Year End)

$1,703,677

Other Liabilities

57%

Payables & Accruals

26%

Deferred Revenue

17%

Grants Payable

Tax-Exempt Bond Liabilities

Custodial & Escrow Liabilities

Notes Payable / Debt (Non-Related)

Related-Party Payables

Assets

2023

2024

Change

Cash & Equivalents

$2,824,298

$3,259,327

+15%

Receivables (Non-Related)

$1,612,325

$1,641,117

+2%

Related-Party Receivables

Inventories

Prepaid Expenses

$108,142

$128,933

+19%

Investments

Property, Plant, & Equipment (net)

$181,016

$411,717

+127%

Other Assets

$606,249

$997,022

+64%

Total Assets

$5,332,030

$6,438,116

+21%

Liabilities

2023

2024

Change

Payables & Accruals

$1,013,672

$435,772

-57%

Grants Payable

Deferred Revenue

$295,064

Tax-Exempt Bond Liabilities

Custodial & Escrow Liabilities

Notes Payable / Debt (Non-Related)

Related-Party Payables

Other Liabilities

$405,183

$972,841

+140%

Total Liabilities

$1,418,855

$1,703,677

+20%

Net assets

2023

2024

Change

Restricted Net Assets

$446,967

$453,453

+1%

Unrestricted Net Assets

$3,466,208

$4,280,986

+24%

Net assets

2023

2024

Change

Net assets

+$3,913,175

+$4,734,439

+21%