Mission Advancement Corp. (MACC) Financial Statements (2024 and earlier)

Company Profile

Business Address 2525 E CAMELBACK RD, STE 850
PHOENIX, AZ 85016
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 677 - Blank Checks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2022
MRQ
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 612,101
Cash and cash equivalents 612,101
Other undisclosed current assets 382,760
Total current assets: 994,861
Noncurrent Assets
Asset, held-in-trust 345,018,988
Other undisclosed noncurrent assets 64,422
Total noncurrent assets: 345,083,410
TOTAL ASSETS: 346,078,271
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Other undisclosed current liabilities 1,982,959
Total current liabilities: 1,982,959
Noncurrent Liabilities
Other undisclosed noncurrent liabilities 21,164,893
Total noncurrent liabilities: 21,164,893
Total liabilities: 23,147,852
Temporary equity, carrying amount 345,018,988
Equity
Equity, attributable to parent, including: (22,088,569)
Accumulated deficit (22,089,432)
Other undisclosed equity, attributable to parent 863
Total equity: (22,088,569)
TOTAL LIABILITIES AND EQUITY: 346,078,271

Income Statement (P&L) (USD)

9/30/2022
TTM
12/31/2021
Operating expenses (2,288,173)
Operating loss: (2,288,173)
Loss from continuing operations before income taxes: (2,288,173)
Income tax benefit 476,529
Loss from continuing operations: (1,811,644)
Loss before gain (loss) on sale of properties:(1,811,644)
Other undisclosed net income 12,878,392
Net income attributable to parent: 11,066,748
Preferred stock dividends and other adjustments (8,591,185)
Other undisclosed net income available to common stockholders, basic 8,591,185
Net income available to common stockholders, diluted: 11,066,748

Comprehensive Income (USD)

9/30/2022
TTM
12/31/2021
Net income: 11,066,748
Comprehensive income, net of tax, attributable to parent: 11,066,748

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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