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FOUNDATION FOR READING AREA COMMUNITY COLLEGE
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FOUNDATION FOR READING AREA COMMUNITY COLLEGE
Reading, PA, US
•
501(c)3
•
EIN
23-2273163
•
WWW.RACC.EDU/ABOUT/FOUNDATION.ASPX
FOUNDATION FOR READING AREA COMMUNITY COLLEGE
Sign up to claim this org
Reading, PA, US
•
501(c)3
•
EIN
23-2273163
•
WWW.RACC.EDU/ABOUT/FOUNDATION.ASPX
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
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Balance Sheet
Fiscal Year Start:
Jul 1
Data visualization unavailable
Assets in
2025
(Year End)
$31,986,764
Investments
50%
Other Assets
38%
Cash & Equivalents
6%
Receivables (Non-Related)
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in
2025
(Year End)
$0
Payables & Accruals
N/A
Grants Payable
N/A
Deferred Revenue
N/A
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Notes Payable / Debt (Non-Related)
N/A
Related-Party Payables
N/A
Other Liabilities
N/A
Assets
2024
2025
Change
Cash & Equivalents
$2,434,407
$2,032,735
-16%
Receivables (Non-Related)
$1,339,608
$1,761,952
+32%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$2,106
-
Investments
$14,220,959
$15,976,573
+12%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$10,955,026
$12,213,398
+11%
Total Assets
$28,950,000
$31,986,764
+10%
Liabilities
2024
2025
Change
Payables & Accruals
$700
$0
-100%
Grants Payable
-
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$700
$0
-100%
Net assets
2024
2025
Change
Restricted Net Assets
$26,318,883
$29,201,805
+11%
Unrestricted Net Assets
$2,630,417
$2,784,959
+6%
Net assets
2024
2025
Change
Net assets
+$28,949,300
+$31,986,764
+10%
Balance Sheet
