THE SERC FOUNDATION INC

THE SERC FOUNDATION INC

WATERBURY, CT, US
501(c)(3)
EIN
38-3978620
Fund Raising & Fund Distribution

THE SERC FOUNDATION INC

WATERBURY, CT, US
501(c)(3)
EIN
38-3978620
Fund Raising & Fund Distribution

Balance Sheet

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

$412,586

Cash & Equivalents
75%
Receivables (Non-Related)
25%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$53,786

Other Liabilities
74%
Payables & Accruals
26%
Deferred Revenue
<1%
Grants Payable
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
$342,510
$311,336
-9%
Receivables (Non-Related)
$11,380
$101,250
+790%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$353,890
$412,586
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$148,346
$13,800
-91%
Grants Payable
-
-
-
Deferred Revenue
$100
$100
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$6,333
$39,886
+530%
Total Liabilities
$154,779
$53,786
-65%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$199,111
$358,800
+80%
Net assets
2023
2024
Change
Net assets
+$199,111
+$358,800
+80%
Balance Sheet
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