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COMMONWEALTH CHARITABLE MANAGEMENT INC

COMMONWEALTH CHARITABLE MANAGEMENT INC

Montrose, PA, US
501(c)3
EIN
30-0011355
DAF Sponsor
Community Foundation
funder logo

COMMONWEALTH CHARITABLE MANAGEMENT INC

Montrose, PA, US
501(c)3
EIN
30-0011355
DAF Sponsor
Community Foundation

Balance Sheet

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

$34,872,526

Investments
80%
Cash & Equivalents
13%
Property, Plant, & Equipment (net)
6%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)

$707,642

Notes Payable / Debt (Non-Related)
99%
Payables & Accruals
1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,124,968
$4,548,882
+10%
Receivables (Non-Related)
-
$8,250
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$24,111,809
$27,976,376
+16%
Property, Plant, & Equipment (net)
$2,089,692
$2,151,559
+3%
Other Assets
$10,022
$187,459
+1770%
Total Assets
$30,336,491
$34,872,526
+15%
Liabilities
2023
2024
Change
Payables & Accruals
$3,724
$7,642
+105%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$700,000
$700,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$703,724
$707,642
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$28,089,007
$32,239,318
+15%
Unrestricted Net Assets
$1,543,760
$1,925,566
+25%
Net assets
2023
2024
Change
Net assets
+$29,632,767
+$34,164,884
+15%
Balance Sheet
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