Logo for "ISLAND FOUNDATION INC"

ISLAND FOUNDATION INC

ISLAND FOUNDATION INC

MARION, MA, US
501(c)(3)
EIN
04-2670567
Open for Solicitation
Private Foundation
Regional Funder
Women Led
BIPOC Led
Logo for "ISLAND FOUNDATION INC"

ISLAND FOUNDATION INC

MARION, MA, US
501(c)(3)
EIN
04-2670567
Open for Solicitation
Private Foundation
Regional Funder
Women Led
BIPOC Led

Balance Sheet

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

$58,105,623

Investments
>99%
Cash & Equivalents
<1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$327,456

Other Liabilities
69%
Payables & Accruals
16%
Grants Payable
15%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$347,404
$380,324
+9%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$16,175
$11,560
-29%
Investments
$54,874,444
$57,580,853
+5%
Property, Plant, & Equipment (net)
$120,125
$132,886
+11%
Other Assets
$2,075
$0
-100%
Total Assets
$55,360,223
$58,105,623
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$51,245
$52,782
+3%
Grants Payable
-
$50,000
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$69,625
$224,674
+223%
Total Liabilities
$120,870
$327,456
+171%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$55,239,353
$57,778,167
+5%
Net assets
2023
2024
Change
Net assets
+$55,239,353
+$57,778,167
+5%
Balance Sheet
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