funder logo

M & M AREA COMMUNITY FOUNDATION

M & M AREA COMMUNITY FOUNDATION

Menominee, MI, US
501(c)3
EIN
38-3264725
DAF Sponsor
Community Foundation
Regional Funder
funder logo

M & M AREA COMMUNITY FOUNDATION

Menominee, MI, US
501(c)3
EIN
38-3264725
DAF Sponsor
Community Foundation
Regional Funder

Balance Sheet

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

$15,036,360

Investments
98%
Cash & Equivalents
2%
Other Assets
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$846,963

Other Liabilities
96%
Payables & Accruals
4%
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
2023
2024
Change
Cash & Equivalents
$375,334
$286,456
-24%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$16,234
$20,116
+24%
Investments
$13,488,560
$14,699,978
+9%
Property, Plant, & Equipment (net)
$5,004
$2,437
-51%
Other Assets
$24,580
$27,373
+11%
Total Assets
$13,909,712
$15,036,360
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$15,164
$32,781
+116%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$747,147
$814,182
+9%
Total Liabilities
$762,311
$846,963
+11%
Net assets
2023
2024
Change
Restricted Net Assets
$24,580
$27,373
+11%
Unrestricted Net Assets
$13,122,821
$14,162,024
+8%
Net assets
2023
2024
Change
Net assets
+$13,147,401
+$14,189,397
+8%
Balance Sheet
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