funder logo

WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE FOUNDATION

WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE FOUNDATION

Grand Rapids, MI, US
501(c)3
EIN
27-5303783
Regional Funder
funder logo

WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE FOUNDATION

Grand Rapids, MI, US
501(c)3
EIN
27-5303783
Regional Funder

Balance Sheet

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

$2,187,337

Receivables (Non-Related)
57%
Cash & Equivalents
43%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$906,974

Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$193,438
$945,461
+389%
Receivables (Non-Related)
$295,755
$1,241,876
+320%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,642
-
-
Other Assets
-
-
-
Total Assets
$490,835
$2,187,337
+346%
Liabilities
2023
2024
Change
Payables & Accruals
$134,850
$906,974
+573%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$134,850
$906,974
+573%
Net assets
2023
2024
Change
Restricted Net Assets
$347,795
$1,273,516
+266%
Unrestricted Net Assets
$8,190
$6,847
-16%
Net assets
2023
2024
Change
Net assets
+$355,985
+$1,280,363
+260%
Balance Sheet
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