MERCY DEVELOPMENT FOUNDATION

MERCY DEVELOPMENT FOUNDATION

Independence, OH, US
501(c)3
EIN
35-2408321
Subordinate Organization

MERCY DEVELOPMENT FOUNDATION

Independence, OH, US
501(c)3
EIN
35-2408321
Subordinate Organization

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2020 (Year End)

$2,764,146

Cash & Equivalents
61%
Other Assets
39%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2020 (Year End)

$492,971

Other Liabilities
>99%
Payables & Accruals
0%
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
2019
2020
Change
Cash & Equivalents
$810,450
$1,674,612
+107%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,828
$1,496
-18%
Other Assets
$1,025,566
$1,088,038
+6%
Total Assets
$1,837,844
$2,764,146
+50%
Liabilities
2019
2020
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$344,583
$492,971
+43%
Total Liabilities
$344,583
$492,971
+43%
Net assets
2019
2020
Change
Restricted Net Assets
$1,553,964
$2,063,513
+33%
Unrestricted Net Assets
-$60,703
$207,662
-442%
Net assets
2019
2020
Change
Net assets
+$1,493,261
+$2,271,175
+52%
Balance Sheet
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