Logo for "SOUTHCOAST COMMUNITY FOUNDATION INC"

SOUTHCOAST COMMUNITY FOUNDATION INC

SOUTHCOAST COMMUNITY FOUNDATION INC

NEW BEDFORD, MA, US
•
501(c)(3)
•
EIN
04-3280353
•
WWW.SOUTHCOASTCF.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Women Led
LGBTQ+ Led
Logo for "SOUTHCOAST COMMUNITY FOUNDATION INC"

SOUTHCOAST COMMUNITY FOUNDATION INC

NEW BEDFORD, MA, US
•
501(c)(3)
•
EIN
04-3280353
•
WWW.SOUTHCOASTCF.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Women Led
LGBTQ+ Led
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

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

$62,047,747

Investments
78%
Cash & Equivalents
13%
Other Assets
9%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$2,989,837

Other Liabilities
72%
Payables & Accruals
24%
Grants Payable
5%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,181,313
$8,065,484
+12%
Receivables (Non-Related)
$13,500
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$32,340
$112,439
+248%
Investments
$43,842,907
$48,410,211
+10%
Property, Plant, & Equipment (net)
$15,169
$13,632
-10%
Other Assets
$4,943,487
$5,445,981
+10%
Total Assets
$56,028,716
$62,047,747
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$651,250
$703,764
+8%
Grants Payable
$236,641
$140,500
-41%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,643,086
$2,145,573
+31%
Total Liabilities
$2,530,977
$2,989,837
+18%
Net assets
2023
2024
Change
Restricted Net Assets
$8,750,457
$10,089,790
+15%
Unrestricted Net Assets
$44,747,282
$48,968,120
+9%
Net assets
2023
2024
Change
Net assets
+$53,497,739
+$59,057,910
+10%
Balance Sheet
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