GEORGIA GWINNETT COLLEGE FOUNDATION INC

GEORGIA GWINNETT COLLEGE FOUNDATION INC

LAWRENCEVILLE, GA, US
501(c)(3)
EIN
20-5107997
Single Organization Support

GEORGIA GWINNETT COLLEGE FOUNDATION INC

LAWRENCEVILLE, GA, US
501(c)(3)
EIN
20-5107997
Single Organization Support

Balance Sheet

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

$161,132,382

Investments
86%
Cash & Equivalents
7%
Property, Plant, & Equipment (net)
5%
Receivables (Non-Related)
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)

$132,124,905

Tax-Exempt Bond Liabilities
98%
Other Liabilities
2%
Notes Payable / Debt (Non-Related)
<1%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$10,821,460
$11,158,245
+3%
Receivables (Non-Related)
$1,058,047
$2,336,237
+121%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$143,549,156
$139,359,643
-3%
Property, Plant, & Equipment (net)
$8,262,388
$8,262,388
+0%
Other Assets
$8,571
$15,869
+85%
Total Assets
$163,699,622
$161,132,382
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$700,765
$16,264
-98%
Grants Payable
-
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
$134,813,326
$129,260,144
-4%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$135,701
$37,644
-72%
Related-Party Payables
-
-
-
Other Liabilities
$2,903,120
$2,810,853
-3%
Total Liabilities
$138,552,912
$132,124,905
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$5,655,086
$7,644,055
+35%
Unrestricted Net Assets
$19,491,624
$21,363,422
+10%
Net assets
2023
2024
Change
Net assets
+$25,146,710
+$29,007,477
+15%
Balance Sheet
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