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Mayland Community College Foundation Inc
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Mayland Community College Foundation Inc
Spruce Pine, NC, US
•
501(c)(3)
•
EIN
58-1486405
•
www.mayland.edu/foundation
•
Single Organization Support
Mayland Community College Foundation Inc
Sign up to claim this org
Spruce Pine, NC, US
•
501(c)(3)
•
EIN
58-1486405
•
www.mayland.edu/foundation
•
Single Organization Support
Overview
Programs
990s
Income Statement
Balance Sheet
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Financials
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Grants Received
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Balance Sheet
Fiscal Year Start:
Jul 1
Assets in
2024
(Year End)
$13,300,115
Investments
51%
Cash & Equivalents
49%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in
2024
(Year End)
$4,676
Payables & Accruals
>99%
Grants Payable
0%
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
$3,315,152
$6,503,829
+96%
Receivables (Non-Related)
$2,000
$48,435
+2322%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$5,988,561
$6,747,851
+13%
Property, Plant, & Equipment (net)
$0
-
-
Other Assets
-
-
-
Total Assets
$9,305,713
$13,300,115
+43%
Liabilities
2023
2024
Change
Payables & Accruals
$172,055
$4,676
-97%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$172,055
$4,676
-97%
Net assets
2023
2024
Change
Restricted Net Assets
$8,965,653
$12,880,697
+44%
Unrestricted Net Assets
$168,005
$414,742
+147%
Net assets
2023
2024
Change
Net assets
+$9,133,658
+$13,295,439
+46%
Balance Sheet
