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NORTH CAROLINA MEDICAL SOCIETY FOUNDATION INC

NORTH CAROLINA MEDICAL SOCIETY FOUNDATION INC

Raleigh, NC, US
501(c)3
EIN
56-6088142
Regional Funder
funder logo

NORTH CAROLINA MEDICAL SOCIETY FOUNDATION INC

Raleigh, NC, US
501(c)3
EIN
56-6088142
Regional Funder

Balance Sheet

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

$25,449,057

Investments
79%
Cash & Equivalents
18%
Receivables (Non-Related)
3%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$1,449,035

Grants Payable
61%
Payables & Accruals
37%
Deferred Revenue
3%
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
$4,965,636
$4,550,474
-8%
Receivables (Non-Related)
$1,543,487
$753,250
-51%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$18,353,459
$20,145,333
+10%
Property, Plant, & Equipment (net)
$2,643
-
-
Other Assets
-
-
-
Total Assets
$24,865,225
$25,449,057
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$479,591
$532,244
+11%
Grants Payable
$930,425
$878,941
-6%
Deferred Revenue
$8,400
$37,850
+351%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,418,416
$1,449,035
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$22,981,907
$23,729,195
+3%
Unrestricted Net Assets
$464,902
$270,827
-42%
Net assets
2023
2024
Change
Net assets
+$23,446,809
+$24,000,022
+2%
Balance Sheet
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