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CINNAIRE CORPORATION

CINNAIRE CORPORATION

Lansing, MI, US
501(c)3
EIN
38-3126310
Private Operating Foundation
Private Foundation
Regional Funder
funder logo

CINNAIRE CORPORATION

Lansing, MI, US
501(c)3
EIN
38-3126310
Private Operating Foundation
Private Foundation
Regional Funder

Balance Sheet

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

$72,188,344

Receivables (Non-Related)
33%
Other Assets
31%
Investments
22%
Cash & Equivalents
10%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$7,655,096

Payables & Accruals
79%
Other Liabilities
13%
Notes Payable / Debt (Non-Related)
7%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$13,297,884
$7,092,188
-47%
Receivables (Non-Related)
$24,817,804
$23,994,282
-3%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$357,038
$402,819
+13%
Investments
$15,711,794
$16,099,856
+2%
Property, Plant, & Equipment (net)
$653,039
$1,873,255
+187%
Other Assets
$18,565,183
$22,725,944
+22%
Total Assets
$73,402,742
$72,188,344
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$5,993,014
$6,009,984
+0%
Grants Payable
-
-
-
Deferred Revenue
$1,866,856
$139,809
-93%
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
$991,859
$518,390
-48%
Related-Party Payables
-
-
-
Other Liabilities
$926,309
$986,913
+7%
Total Liabilities
$9,778,038
$7,655,096
-22%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$63,624,704
+$64,533,248
+1%
Balance Sheet
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