Logo for "MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED"

MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED

MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED

NEWPORT, RI, US
a.k.a Dr. Martin Luther King, Jr. Community Center ; MLK Community Center
501(c)(3)
EIN
05-0271882
Women Led
Logo for "MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED"

MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED

NEWPORT, RI, US
a.k.a Dr. Martin Luther King, Jr. Community Center ; MLK Community Center
501(c)(3)
EIN
05-0271882
Women Led

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)

$19,032,908

Investments
67%
Property, Plant, & Equipment (net)
23%
Receivables (Non-Related)
5%
Cash & Equivalents
4%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2025 (Year End)

$213,364

Payables & Accruals
96%
Deferred Revenue
4%
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
2024
2025
Change
Cash & Equivalents
$705,547
$684,899
-3%
Receivables (Non-Related)
$1,364,306
$963,196
-29%
Related-Party Receivables
-
-
-
Inventories
$42,427
$41,479
-2%
Prepaid Expenses
$48,866
$110,284
+126%
Investments
$10,191,968
$12,786,017
+25%
Property, Plant, & Equipment (net)
$4,662,804
$4,447,033
-5%
Other Assets
$0
-
-
Total Assets
$17,015,918
$19,032,908
+12%
Liabilities
2024
2025
Change
Payables & Accruals
$156,201
$205,140
+31%
Grants Payable
-
-
-
Deferred Revenue
$5,933
$8,224
+39%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$162,134
$213,364
+32%
Net assets
2024
2025
Change
Restricted Net Assets
$5,534,044
$5,769,790
+4%
Unrestricted Net Assets
$11,319,740
$13,049,754
+15%
Net assets
2024
2025
Change
Net assets
+$16,853,784
+$18,819,544
+12%
Balance Sheet
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