BLACK MEN COALITION FOUNDATION CORPORATION

BLACK MEN COALITION FOUNDATION CORPORATION

Madison, WI, US
501(c)3
EIN
88-1460629
Fund Raising & Fund Distribution

BLACK MEN COALITION FOUNDATION CORPORATION

Madison, WI, US
501(c)3
EIN
88-1460629
Fund Raising & Fund Distribution

Balance Sheet

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

$2,702,071

Cash & Equivalents
80%
Prepaid Expenses
9%
Property, Plant, & Equipment (net)
5%
Receivables (Non-Related)
3%
Related-Party Receivables
2%
Other Assets
<1%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$2,204,332

Notes Payable / Debt (Non-Related)
90%
Payables & Accruals
6%
Deferred Revenue
3%
Related-Party Payables
<1%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,391,824
$2,173,833
+56%
Receivables (Non-Related)
$22,325
$73,921
+231%
Related-Party Receivables
$13,090
$52,411
+300%
Inventories
-
-
-
Prepaid Expenses
$61,220
$251,000
+310%
Investments
-
-
-
Property, Plant, & Equipment (net)
$89,967
$143,543
+60%
Other Assets
$35,585
$7,363
-79%
Total Assets
$1,614,011
$2,702,071
+67%
Liabilities
2023
2024
Change
Payables & Accruals
$50,055
$130,390
+160%
Grants Payable
-
-
-
Deferred Revenue
-
$67,500
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,000,000
$1,981,556
+98%
Related-Party Payables
$20,948
$17,523
-16%
Other Liabilities
$15,807
$7,363
-53%
Total Liabilities
$1,086,810
$2,204,332
+103%
Net assets
2023
2024
Change
Restricted Net Assets
$613,717
$241,091
-61%
Unrestricted Net Assets
-$86,516
$256,648
-397%
Net assets
2023
2024
Change
Net assets
+$527,201
+$497,739
-6%
Balance Sheet
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