Mid-Cumberland Community Action Agency
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$0.00
Projected Expenses
$20,711,829.00
Organizational Budgets and Other Documents
| 2023-2024 Budget | 2024 |
| 2022 - 2023 Budget | 2023 |
| 2021-2022 Budget | 2022 |
| 2019-2020 Budget | 2020 |
| 2018-2019 Budget | 2019 |
| 2017-2018 Budget | 2018 |
| 2015-2016 Budget | 2016 |
IRS Letter of Exemption
| mid cumberland community action agency irs ltr.pdf |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $18,860,193.00 | $16,120,135.00 | $13,762,306.00 |
| Total Expenses | $18,634,528.00 | $15,961,983.00 | $13,299,688.00 |
| Revenue Less Expenses | $225,665.00 | $158,152.00 | $462,618.00 |
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 | $18,725,467.00 | $15,214,894.00 | $13,105,773.00 |
| Contributions, Gifts, and Grants | $0.00 | $0.00 | $0.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $0.00 | $0.00 |
| Investment Income, Net of Losses | $2,469.00 | $94.00 | $9,341.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $226,371.00 | $905,147.00 | $647,637.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $17,578,795.00 | $15,111,799.00 | $12,610,229.00 |
| Administration Expense | $1,055,733.00 | $850,184.00 | $689,459.00 |
| Fundraising Expense | $0.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 101% | 101% | 103% |
| Program Expense/Total Expenses | 94% | 95% | 95% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Government Grants $18,725,467.00 | Government Grants $15,214,894.00 | Government Grants $13,105,773.00 |
| Second Highest Funding Source & Dollar Amount | Noncash Contributions $226,371.00 | Noncash Contributions $905,147.00 | Noncash Contributions $647,637.00 |
| Third Highest Funding Source & Dollar Amount | Investment Income $2,469.00 | Investment Income $94.00 | Investment Income $9,341.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $5,578,845.00 | $5,482,077.00 | $4,172,198.00 |
| Current Assets | $2,464,967.00 | $3,306,377.00 | $2,194,778.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $2,631,957.00 | $2,721,635.00 | $1,569,908.00 |
| Total Net Assets | $2,946,888.00 | $2,760,442.00 | $2,602,290.00 |
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?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| 2022-2023 Form 990 | 2023 |
| 2021-2022 Form 990 | 2022 |
| 2020-2021 Form 990 | 2021 |
| 2019-2020 Form 990 | 2020 |
| 2018-2019 Form 990 | 2019 |
| Form 990 | 2018 |
| Form 990 | 2017 |
| Form 990 | 2016 |
| Form 990 | 2015 |
| Form 990 | 2014 |
| mid-cumberland community action agency 2013 990 | 2013 |
| mid-cumberland community action agency 2012 990 | 2012 |
| mid-cumberland community action agency 2011 990 | 2011 |
| Form 990 | 2010 |
| Form 990 | 2009 |
| mid-cumberland community action agency 2008 990 | 2008 |
| mid-cumberland community action agency 2007 990 | 2007 |
| mid-cumberland community action agency 2006 990 | 2006 |
Audit Documents
Foundation Staff Comments
| Financial figures taken from 990 and audit. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Financials completed by Stone, Rudolph & Henry, PLC. Comment provided by Hayley Sulfridge 2/28/24 |
