Logo for "Cummings Foundation Inc"

Cummings Foundation Inc

Cummings Foundation Inc

Woburn, MA, US
•
501(c)(3)
•
EIN
04-3073023
•
http://www.cummingsfoundation.org
•
Family Foundation
Private Operating Foundation
Private Foundation
Regional Funder
Logo for "Cummings Foundation Inc"

Cummings Foundation Inc

Woburn, MA, US
•
501(c)(3)
•
EIN
04-3073023
•
http://www.cummingsfoundation.org
•
Family Foundation
Private Operating Foundation
Private Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

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

$2,242,808,626

Investments
99%
Cash & Equivalents
<1%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$33,844,767

Other Liabilities
94%
Payables & Accruals
6%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$30,152,668
$10,616,926
-65%
Receivables (Non-Related)
$10,484,400
$8,476,746
-19%
Related-Party Receivables
-
-
-
Inventories
$32,672
$30,556
-6%
Prepaid Expenses
$407,365
$168,314
-59%
Investments
$2,031,877,087
$2,217,442,602
+9%
Property, Plant, & Equipment (net)
$6,032,087
$6,073,482
+1%
Other Assets
-
-
-
Total Assets
$2,078,986,279
$2,242,808,626
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$1,937,205
$2,004,529
+3%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$33,535,850
$31,840,238
-5%
Total Liabilities
$35,473,055
$33,844,767
-5%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,043,513,224
$2,208,963,859
+8%
Net assets
2023
2024
Change
Net assets
+$2,043,513,224
+$2,208,963,859
+8%
Balance Sheet
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