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COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN

COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN

Detroit, MI, US
501(c)3
EIN
38-2530980
DAF Sponsor
Community Foundation
Regional Funder
funder logo

COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN

Detroit, MI, US
501(c)3
EIN
38-2530980
DAF Sponsor
Community Foundation
Regional Funder

Balance Sheet

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

$1,207,379,849

Investments
87%
Cash & Equivalents
7%
Receivables (Non-Related)
6%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$22,039,199

Other Liabilities
52%
Grants Payable
40%
Payables & Accruals
8%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$93,072,800
$79,153,679
-15%
Receivables (Non-Related)
$85,712,216
$75,249,473
-12%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$960,392,343
$1,048,124,334
+9%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$3,308,912
$4,852,363
+47%
Total Assets
$1,142,486,271
$1,207,379,849
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$711,314
$1,736,118
+144%
Grants Payable
$11,115,167
$8,868,556
-20%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$11,950,853
$11,434,525
-4%
Total Liabilities
$23,777,334
$22,039,199
-7%
Net assets
2023
2024
Change
Restricted Net Assets
$110,980,742
$90,878,029
-18%
Unrestricted Net Assets
$1,007,728,195
$1,094,462,621
+9%
Net assets
2023
2024
Change
Net assets
+$1,118,708,937
+$1,185,340,650
+6%
Balance Sheet
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