MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC

MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC

Berea, KY, US
501(c)3
EIN
31-0900246

MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC

Berea, KY, US
501(c)3
EIN
31-0900246

Balance Sheet

Fiscal Year Start:
May 1
Assets in 2025 (Year End)

$35,347,429

Receivables (Non-Related)
67%
Cash & Equivalents
31%
Investments
1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2025 (Year End)

$6,091,977

Notes Payable / Debt (Non-Related)
94%
Payables & Accruals
6%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$15,247,340
$11,124,042
-27%
Receivables (Non-Related)
$22,186,868
$23,540,863
+6%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$24,345
$83,615
+243%
Investments
$389,423
$383,392
-2%
Property, Plant, & Equipment (net)
$160,179
$215,517
+35%
Other Assets
-
-
-
Total Assets
$38,008,155
$35,347,429
-7%
Liabilities
2024
2025
Change
Payables & Accruals
$340,425
$347,785
+2%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$8,438,897
$5,744,192
-32%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$8,779,322
$6,091,977
-31%
Net assets
2024
2025
Change
Restricted Net Assets
$9,958,890
$6,689,814
-33%
Unrestricted Net Assets
$19,269,943
$22,565,638
+17%
Net assets
2024
2025
Change
Net assets
+$29,228,833
+$29,255,452
+0%
Balance Sheet
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