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DULUTH-SUPERIOR AREA COMMUNITY FOUNDATION

DULUTH-SUPERIOR AREA COMMUNITY FOUNDATION

Duluth, MN, US
501(c)3
EIN
41-1429402
DAF Sponsor
Community Foundation
Regional Funder
funder logo

DULUTH-SUPERIOR AREA COMMUNITY FOUNDATION

Duluth, MN, US
501(c)3
EIN
41-1429402
DAF Sponsor
Community Foundation
Regional Funder

Balance Sheet

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

$118,006,182

Investments
96%
Cash & Equivalents
2%
Other Assets
<1%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)

$7,736,696

Other Liabilities
88%
Grants Payable
9%
Notes Payable / Debt (Non-Related)
1%
Payables & Accruals
<1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,332,018
$2,684,144
-19%
Receivables (Non-Related)
$311,270
$362,168
+16%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$101,463,712
$113,720,401
+12%
Property, Plant, & Equipment (net)
$187,853
$154,217
-18%
Other Assets
$986,715
$1,085,252
+10%
Total Assets
$106,281,568
$118,006,182
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$77,309
$74,396
-4%
Grants Payable
$508,606
$727,823
+43%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$134,975
$112,754
-16%
Related-Party Payables
-
-
-
Other Liabilities
$5,833,448
$6,821,723
+17%
Total Liabilities
$6,554,338
$7,736,696
+18%
Net assets
2023
2024
Change
Restricted Net Assets
$72,700,642
$81,441,074
+12%
Unrestricted Net Assets
$27,026,588
$28,828,412
+7%
Net assets
2023
2024
Change
Net assets
+$99,727,230
+$110,269,486
+11%
Balance Sheet
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