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GRAND RAPIDS COMMUNITY COLLEGE FOUNDATION
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GRAND RAPIDS COMMUNITY COLLEGE FOUNDATION
GRAND RAPIDS, MI, US
•
501(c)(3)
•
EIN
38-6100380
•
WWW.GRCC.EDU
•
Regional Funder
GRAND RAPIDS COMMUNITY COLLEGE FOUNDATION
Sign up to claim this org
GRAND RAPIDS, MI, US
•
501(c)(3)
•
EIN
38-6100380
•
WWW.GRCC.EDU
•
Regional Funder
Overview
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Income Statement
Balance Sheet
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Balance Sheet
Fiscal Year Start:
Jul 1
Assets in
2024
(Year End)
$41,903,794
Investments
94%
Cash & Equivalents
5%
Receivables (Non-Related)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Liabilities in
2024
(Year End)
$2,250,624
Other Liabilities
69%
Grants Payable
20%
Payables & Accruals
11%
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
$4,573,551
$2,227,608
-51%
Receivables (Non-Related)
$595,566
$266,669
-55%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$35,455,863
$39,287,201
+11%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$90,348
$122,316
+35%
Total Assets
$40,715,328
$41,903,794
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$286,703
$252,609
-12%
Grants Payable
$550,409
$454,732
-17%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,445,446
$1,543,283
+7%
Total Liabilities
$2,282,558
$2,250,624
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$29,160,589
$29,275,136
+0%
Unrestricted Net Assets
$9,272,181
$10,378,034
+12%
Net assets
2023
2024
Change
Net assets
+$38,432,770
+$39,653,170
+3%
Balance Sheet
