MAAC FOUNDATION INC

MAAC FOUNDATION INC

Valparaiso, IN, US
501(c)3
EIN
38-4008491
Fund Raising & Fund Distribution

MAAC FOUNDATION INC

Valparaiso, IN, US
501(c)3
EIN
38-4008491
Fund Raising & Fund Distribution

Balance Sheet

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

$23,459,540

Investments
71%
Property, Plant, & Equipment (net)
28%
Cash & Equivalents
2%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$818,325

Other Liabilities
>99%
Payables & Accruals
0%
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
$5,155,541
$407,964
-92%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$5,717,782
$16,552,259
+189%
Property, Plant, & Equipment (net)
$7,055,272
$6,499,317
-8%
Other Assets
-
-
-
Total Assets
$17,928,595
$23,459,540
+31%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$8,773
$818,325
+9228%
Total Liabilities
$8,773
$818,325
+9228%
Net assets
2023
2024
Change
Restricted Net Assets
$5,365,441
$15,685,288
+192%
Unrestricted Net Assets
$12,554,381
$6,955,927
-45%
Net assets
2023
2024
Change
Net assets
+$17,919,822
+$22,641,215
+26%
Balance Sheet
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