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INITIATIVE FOR A COMPETITIVE INNER CITY, INC
INITIATIVE FOR A COMPETITIVE INNER CITY, INC
ROXBURY, MA, US
•
a.k.a
ICIC
•
501(c)(3)
•
EIN
13-3772904
•
WWW.ICIC.ORG
•
•
Women Led
BIPOC Led
INITIATIVE FOR A COMPETITIVE INNER CITY, INC
ROXBURY, MA, US
•
a.k.a
ICIC
•
501(c)(3)
•
EIN
13-3772904
•
WWW.ICIC.ORG
•
•
Women Led
BIPOC Led
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
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Funding
Funders
Grants Received
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Balance Sheet
Fiscal Year Start:
Jan 1
Assets in
2024
(Year End)
$13,730,460
Investments
50%
Cash & Equivalents
42%
Receivables (Non-Related)
7%
Prepaid Expenses
<1%
Other Assets
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in
2024
(Year End)
$439,834
Payables & Accruals
77%
Deferred Revenue
17%
Other Liabilities
6%
Grants Payable
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
$4,601,918
$5,713,149
+24%
Receivables (Non-Related)
$808,588
$1,007,851
+25%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$59,814
$59,454
-1%
Investments
$6,080,947
$6,916,301
+14%
Property, Plant, & Equipment (net)
$26,927
$8,732
-68%
Other Assets
$42,269
$24,973
-41%
Total Assets
$11,620,463
$13,730,460
+18%
Liabilities
2023
2024
Change
Payables & Accruals
$391,421
$339,661
-13%
Grants Payable
-
-
-
Deferred Revenue
-
$74,000
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$42,969
$26,173
-39%
Total Liabilities
$434,390
$439,834
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$2,048,951
$3,150,665
+54%
Unrestricted Net Assets
$9,137,122
$10,139,961
+11%
Net assets
2023
2024
Change
Net assets
+$11,186,073
+$13,290,626
+19%
Balance Sheet
