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NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC

NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC

Durham, NC, US
501(c)3
EIN
23-7410301
Regional Funder
funder logo

NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC

Durham, NC, US
501(c)3
EIN
23-7410301
Regional Funder

Balance Sheet

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

$53,121,014

Investments
74%
Receivables (Non-Related)
11%
Cash & Equivalents
9%
Other Assets
5%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$387,753

Other Liabilities
61%
Payables & Accruals
39%
Grants Payable
0%
Deferred Revenue
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
$4,021,733
$4,816,064
+20%
Receivables (Non-Related)
$6,720,709
$5,985,431
-11%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,317
$10,700
+223%
Investments
$35,714,738
$39,375,364
+10%
Property, Plant, & Equipment (net)
$247,786
$137,481
-45%
Other Assets
$2,496,394
$2,795,974
+12%
Total Assets
$49,204,677
$53,121,014
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$100,616
$151,531
+51%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$194,514
$236,222
+21%
Total Liabilities
$295,130
$387,753
+31%
Net assets
2023
2024
Change
Restricted Net Assets
$46,589,141
$50,140,287
+8%
Unrestricted Net Assets
$2,320,406
$2,592,974
+12%
Net assets
2023
2024
Change
Net assets
+$48,909,547
+$52,733,261
+8%
Balance Sheet
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