Logo for "GREATER LOWELL COMMUNITY FOUNDATION INC"

GREATER LOWELL COMMUNITY FOUNDATION INC

GREATER LOWELL COMMUNITY FOUNDATION INC

LOWELL, MA, US
•
501(c)(3)
•
EIN
04-3401997
•
WWW.GLCFOUNDATION.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Logo for "GREATER LOWELL COMMUNITY FOUNDATION INC"

GREATER LOWELL COMMUNITY FOUNDATION INC

LOWELL, MA, US
•
501(c)(3)
•
EIN
04-3401997
•
WWW.GLCFOUNDATION.ORG
•
DAF Sponsor
Community 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)

$69,957,157

Investments
96%
Cash & Equivalents
3%
Receivables (Non-Related)
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$12,305,792

Other Liabilities
98%
Payables & Accruals
1%
Grants Payable
<1%
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
$2,973,838
$1,992,262
-33%
Receivables (Non-Related)
$484,978
$412,109
-15%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$15,030
$15,297
+2%
Investments
$58,258,850
$67,437,772
+16%
Property, Plant, & Equipment (net)
$6,072
$4,603
-24%
Other Assets
$133,686
$95,114
-29%
Total Assets
$61,872,454
$69,957,157
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$346,574
$179,951
-48%
Grants Payable
$5,000
$8,000
+60%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$10,735,777
$12,117,841
+13%
Total Liabilities
$11,087,351
$12,305,792
+11%
Net assets
2023
2024
Change
Restricted Net Assets
$6,099,107
$7,355,401
+21%
Unrestricted Net Assets
$44,685,996
$50,295,964
+13%
Net assets
2023
2024
Change
Net assets
+$50,785,103
+$57,651,365
+14%
Balance Sheet
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