funder logo

South Carolina Association for Community Economic Development

South Carolina Association for Community Economic Development

Charleston, SC, US
501(c)3
EIN
56-2049813
Regional Funder
funder logo

South Carolina Association for Community Economic Development

Charleston, SC, US
501(c)3
EIN
56-2049813
Regional Funder

Balance Sheet

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

$2,062,939

Cash & Equivalents
52%
Receivables (Non-Related)
41%
Other Assets
5%
Property, Plant, & Equipment (net)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$816,527

Notes Payable / Debt (Non-Related)
69%
Payables & Accruals
19%
Other Liabilities
12%
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
$1,730,286
$1,068,624
-38%
Receivables (Non-Related)
$809,499
$853,274
+5%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$13,695
$10,597
-23%
Investments
-
-
-
Property, Plant, & Equipment (net)
$29,865
$26,132
-12%
Other Assets
$161,231
$104,312
-35%
Total Assets
$2,744,576
$2,062,939
-25%
Liabilities
2023
2024
Change
Payables & Accruals
$523,595
$157,382
-70%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$250,000
$560,000
+124%
Related-Party Payables
-
-
-
Other Liabilities
$161,231
$99,145
-39%
Total Liabilities
$934,826
$816,527
-13%
Net assets
2023
2024
Change
Restricted Net Assets
$931,992
$449,119
-52%
Unrestricted Net Assets
$877,758
$797,293
-9%
Net assets
2023
2024
Change
Net assets
+$1,809,750
+$1,246,412
-31%
Balance Sheet
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