Logo for "WEST CENTRAL INITIATIVE"

WEST CENTRAL INITIATIVE

WEST CENTRAL INITIATIVE

FERGUS FALLS, MN, US
•
501(c)(3)
•
EIN
36-3453471
•
WWW.WCIF.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Logo for "WEST CENTRAL INITIATIVE"

WEST CENTRAL INITIATIVE

FERGUS FALLS, MN, US
•
501(c)(3)
•
EIN
36-3453471
•
WWW.WCIF.ORG
•
DAF Sponsor
Community Foundation
Regional Funder
Overview
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990s
Income Statement
Balance Sheet
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Balance Sheet

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

$96,470,939

Investments
86%
Receivables (Non-Related)
8%
Cash & Equivalents
5%
Property, Plant, & Equipment (net)
2%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)

$2,290,826

Other Liabilities
57%
Grants Payable
31%
Payables & Accruals
12%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$4,394,483
$4,479,201
+2%
Receivables (Non-Related)
$7,649,077
$7,449,968
-3%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$12,101
$37,145
+207%
Investments
$74,706,180
$82,498,826
+10%
Property, Plant, & Equipment (net)
$1,970,976
$1,925,436
-2%
Other Assets
$68,167
$80,363
+18%
Total Assets
$88,800,984
$96,470,939
+9%
Liabilities
2024
2025
Change
Payables & Accruals
$275,063
$277,015
+1%
Grants Payable
$430,423
$699,654
+63%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$24,284
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,140,773
$1,314,157
+15%
Total Liabilities
$1,870,543
$2,290,826
+22%
Net assets
2024
2025
Change
Restricted Net Assets
$51,764,159
$54,922,011
+6%
Unrestricted Net Assets
$35,166,282
$39,258,102
+12%
Net assets
2024
2025
Change
Net assets
+$86,930,441
+$94,180,113
+8%
Balance Sheet
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