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MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION
Pub 78
Sign up to claim this org
MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION
Pub 78
Lubbock, TX, US
•
501(c)
•
EIN
75-2621353
•
WWW.VISITLUBBOCK.ORG
•
Regional Funder
MARKET LUBBOCK ECONOMIC DEVELOPMENT CORPORATION
Pub 78
Sign up to claim this org
Lubbock, TX, US
•
501(c)
•
EIN
75-2621353
•
WWW.VISITLUBBOCK.ORG
•
Regional Funder
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:
Oct 1
Assets in
2024
(Year End)
$12,675,101
Cash & Equivalents
90%
Receivables (Non-Related)
9%
Other Assets
<1%
Inventories
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in
2024
(Year End)
$981,916
Grants Payable
88%
Payables & Accruals
12%
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
$10,717,542
$11,369,371
+6%
Receivables (Non-Related)
$2,012,044
$1,124,342
-44%
Related-Party Receivables
-
-
-
Inventories
$51,983
$54,774
+5%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$100,827
$46,867
-54%
Other Assets
-
$79,747
-
Total Assets
$12,882,396
$12,675,101
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$248,849
$114,642
-54%
Grants Payable
$1,158,676
$867,274
-25%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,407,525
$981,916
-30%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$11,474,871
+$11,693,185
+2%
Balance Sheet
