Logo for "COMMUNITY FOUNDATION OF BURKE COUNTY"

COMMUNITY FOUNDATION OF BURKE COUNTY

COMMUNITY FOUNDATION OF BURKE COUNTY

Morganton, NC, US
501(c)(3)
EIN
56-2170220
DAF Sponsor
Community Foundation
Regional Funder
Logo for "COMMUNITY FOUNDATION OF BURKE COUNTY"

COMMUNITY FOUNDATION OF BURKE COUNTY

Morganton, NC, US
501(c)(3)
EIN
56-2170220
DAF Sponsor
Community Foundation
Regional Funder

Balance Sheet

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

$54,368,312

Investments
95%
Cash & Equivalents
5%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$59,636

Grants Payable
83%
Payables & Accruals
17%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,069,502
$2,468,808
+131%
Receivables (Non-Related)
$4,670
$2,768
-41%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$17,894
$7,331
-59%
Investments
$41,656,240
$51,835,871
+24%
Property, Plant, & Equipment (net)
$28,996
$30,774
+6%
Other Assets
$22,760
$22,760
+0%
Total Assets
$42,800,062
$54,368,312
+27%
Liabilities
2023
2024
Change
Payables & Accruals
$12,048
$9,864
-18%
Grants Payable
$68,619
$49,772
-27%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$80,667
$59,636
-26%
Net assets
2023
2024
Change
Restricted Net Assets
$41,215,836
$52,406,574
+27%
Unrestricted Net Assets
$1,503,559
$1,902,102
+27%
Net assets
2023
2024
Change
Net assets
+$42,719,395
+$54,308,676
+27%
Balance Sheet
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