DETROIT REGIONAL CHAMBER FOUNDATION INC

DETROIT REGIONAL CHAMBER FOUNDATION INC

Detroit, MI, US
501(c)3
EIN
38-2352462
Regional Funder

DETROIT REGIONAL CHAMBER FOUNDATION INC

Detroit, MI, US
501(c)3
EIN
38-2352462
Regional Funder

Balance Sheet

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

$7,928,051

Receivables (Non-Related)
74%
Cash & Equivalents
26%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2025 (Year End)

$1,353,967

Other Liabilities
79%
Deferred Revenue
20%
Payables & Accruals
<1%
Grants Payable
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
$1,486,872
$2,043,740
+37%
Receivables (Non-Related)
$1,800,721
$5,848,846
+225%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$917,200
$35,465
-96%
Total Assets
$4,204,793
$7,928,051
+89%
Liabilities
2024
2025
Change
Payables & Accruals
$33,040
$5,023
-85%
Grants Payable
-
-
-
Deferred Revenue
$491,863
$276,150
-44%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$1,072,794
-
Total Liabilities
$524,903
$1,353,967
+158%
Net assets
2024
2025
Change
Restricted Net Assets
$3,497,219
$6,573,282
+88%
Unrestricted Net Assets
$182,671
$802
-100%
Net assets
2024
2025
Change
Net assets
+$3,679,890
+$6,574,084
+79%
Balance Sheet
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