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GASTON COMMUNITY FOUNDATION

GASTON COMMUNITY FOUNDATION

Gastonia, NC, US
501(c)3
EIN
58-1340834
DAF Sponsor
Community Foundation
Regional Funder
funder logo

GASTON COMMUNITY FOUNDATION

Gastonia, NC, US
501(c)3
EIN
58-1340834
DAF Sponsor
Community Foundation
Regional Funder

Balance Sheet

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

$145,388,423

Investments
92%
Property, Plant, & Equipment (net)
6%
Cash & Equivalents
1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$45,226,758

Custodial & Escrow Liabilities
95%
Grants Payable
3%
Other Liabilities
2%
Payables & Accruals
<1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,637,053
$1,978,068
+21%
Receivables (Non-Related)
$2,248,864
$227,307
-90%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$96,260
$23,411
-76%
Investments
$112,536,975
$133,754,085
+19%
Property, Plant, & Equipment (net)
$9,251,376
$9,148,968
-1%
Other Assets
$439,272
$256,584
-42%
Total Assets
$126,209,800
$145,388,423
+15%
Liabilities
2023
2024
Change
Payables & Accruals
$23,292
$56,158
+141%
Grants Payable
$961,073
$1,363,416
+42%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$30,230,147
$42,747,661
+41%
Notes Payable / Debt (Non-Related)
$530,000
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,092,199
$1,059,523
-3%
Total Liabilities
$32,836,711
$45,226,758
+38%
Net assets
2023
2024
Change
Restricted Net Assets
$25,302,132
$25,185,770
0%
Unrestricted Net Assets
$68,070,957
$74,975,895
+10%
Net assets
2023
2024
Change
Net assets
+$93,373,089
+$100,161,665
+7%
Balance Sheet
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