MORGAN COMMUNITY COLLEGE FOUNDATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$13,376,138
Investments
87%
Property, Plant, & Equipment (net)
9%
Cash & Equivalents
3%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$119,855
Deferred Revenue
52%
Payables & Accruals
48%
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
2023
2024
Change
Cash & Equivalents
$1,721,731
$408,104
-76%
Receivables (Non-Related)
$115,000
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$18,608
$6,023
-68%
Investments
$10,202,617
$11,692,220
+15%
Property, Plant, & Equipment (net)
$1,288,156
$1,266,366
-2%
Other Assets
-
$3,425
-
Total Assets
$13,346,112
$13,376,138
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$34,928
$57,755
+65%
Grants Payable
-
-
-
Deferred Revenue
$44,972
$62,100
+38%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$79,900
$119,855
+50%
Net assets
2023
2024
Change
Restricted Net Assets
$12,212,689
$12,277,578
+1%
Unrestricted Net Assets
$1,053,523
$978,705
-7%
Net assets
2023
2024
Change
Net assets
+$13,266,212
+$13,256,283
0%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)