Mid-Cumberland Human Resource Agency
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$19,159,386.00
Projected Expenses
$18,374,303.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| mid-cumberland human resource agency irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $17,567,989.00 | $26,744,361.00 | $31,822,877.00 |
| Total Expenses | $15,753,063.00 | $24,315,902.00 | $30,029,782.00 |
| Revenue Less Expenses | $1,814,926.00 | $2,428,459.00 | $1,793,095.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $13,703,914.00 | $22,321,368.00 | $25,433,358.00 |
| Contributions, Gifts, and Grants | $0.00 | $0.00 | $1,908,504.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $3,862,476.00 | $4,386,913.00 | $4,432,316.00 |
| Investment Income, Net of Losses | $0.00 | $219.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $1,599.00 | $35,861.00 | $48,699.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $14,199,254.00 | $22,818,201.00 | $27,991,466.00 |
| Administration Expense | $1,499,326.00 | $1,439,457.00 | $1,977,348.00 |
| Fundraising Expense | $54,483.00 | $58,244.00 | $60,968.00 |
| Total Revenue/Total Expenses | 112% | 110% | 106% |
| Program Expense/Total Expenses | 90% | 94% | 93% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Government Grants $13,703,914.00 | Government Grants $22,321,368.00 | Government Grants $25,433,358.00 |
| Second Highest Funding Source & Dollar Amount | Program Revenue $3,862,476.00 | Program Revenue $4,386,913.00 | Program Revenue $4,432,316.00 |
| Third Highest Funding Source & Dollar Amount | Other Revenue $1,599.00 | Investment Income $219.00 | Contributions, Gifts, and Grants $1,908,504.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $19,015,983.00 | $18,308,089.00 | $16,634,342.00 |
| Current Assets | $16,727,225.00 | $16,388,942.00 | $14,836,822.00 |
| Long-Term Liabilities | $385,456.00 | $616,865.00 | $1,399,500.00 |
| Current Liabilities | $966,149.00 | $1,841,772.00 | $1,813,849.00 |
| Total Net Assets | $17,664,378.00 | $15,849,452.00 | $13,420,993.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures taken from 990. Foundation or corporate grants may be included in Contributions, Gifts, and Grants sum as these amounts are not separated in Form 990. Financial documents prepared by Johnson, Hickey & Murchison, P.C. Form 990 and audit do not reconcile. Comment provided by Nicole Rose 03/25/2024. |
