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MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC

MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC

Mobile, AL, US
501(c)3
EIN
63-0753361
Regional Funder
funder logo

MOBILE AREA CHAMBER OF COMMERCE FOUNDATION INC

Mobile, AL, US
501(c)3
EIN
63-0753361
Regional Funder

Balance Sheet

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

$3,462,337

Property, Plant, & Equipment (net)
48%
Cash & Equivalents
30%
Receivables (Non-Related)
21%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$909,160

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
$1,117,978
$1,046,133
-6%
Receivables (Non-Related)
$299,475
$742,005
+148%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$6,963
$6,950
0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,686,349
$1,667,249
-1%
Other Assets
$0
-
-
Total Assets
$3,110,765
$3,462,337
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$515,551
$909,160
+76%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$515,551
$909,160
+76%
Net assets
2023
2024
Change
Restricted Net Assets
$384,333
$452,011
+18%
Unrestricted Net Assets
$2,210,881
$2,101,166
-5%
Net assets
2023
2024
Change
Net assets
+$2,595,214
+$2,553,177
-2%
Balance Sheet
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