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SOUTHWEST VIRGINIA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC

SOUTHWEST VIRGINIA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC

RICHLANDS, VA, US
501(c)(3)
EIN
54-1168575
funder logo

SOUTHWEST VIRGINIA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC

RICHLANDS, VA, US
501(c)(3)
EIN
54-1168575

Balance Sheet

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

$41,827,862

Investments
78%
Property, Plant, & Equipment (net)
20%
Cash & Equivalents
2%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$3,505,646

Notes Payable / Debt (Non-Related)
97%
Payables & Accruals
2%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$413,356
$641,048
+55%
Receivables (Non-Related)
$633,728
$310,202
-51%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$39,615
$39,615
+0%
Investments
$31,300,536
$32,482,595
+4%
Property, Plant, & Equipment (net)
$8,536,887
$8,323,061
-3%
Other Assets
$53,400
$31,341
-41%
Total Assets
$40,977,522
$41,827,862
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$339,705
$80,222
-76%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,469,029
$3,394,083
-2%
Related-Party Payables
-
-
-
Other Liabilities
$53,400
$31,341
-41%
Total Liabilities
$3,862,134
$3,505,646
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$11,781,365
$12,377,263
+5%
Unrestricted Net Assets
$25,334,023
$25,944,953
+2%
Net assets
2023
2024
Change
Net assets
+$37,115,388
+$38,322,216
+3%
Balance Sheet
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