funder logo

THE CEMALA FOUNDATION INC

THE CEMALA FOUNDATION INC

Greensboro, NC, US
501(c)3
EIN
56-1528982
Open for Solicitation
Private Foundation
Regional Funder
funder logo

THE CEMALA FOUNDATION INC

Greensboro, NC, US
501(c)3
EIN
56-1528982
Open for Solicitation
Private Foundation
Regional Funder

Balance Sheet

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

$34,487,672

Investments
98%
Other Assets
1%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$2,282,682

Grants Payable
80%
Other Liabilities
20%
Payables & Accruals
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$46,862
$35,523
-24%
Receivables (Non-Related)
$10,000
$12,500
+25%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$13,226
$42,329
+220%
Investments
$33,084,416
$33,952,899
+3%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$484,601
$444,421
-8%
Total Assets
$33,639,105
$34,487,672
+3%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
$2,173,094
$1,821,850
-16%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$506,886
$460,832
-9%
Total Liabilities
$2,679,980
$2,282,682
-15%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$30,959,125
$32,204,990
+4%
Net assets
2023
2024
Change
Net assets
+$30,959,125
+$32,204,990
+4%
Balance Sheet
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