MASSACHUSETTS BAR FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$20,312,820
Investments
80%
Cash & Equivalents
20%
Other Assets
<1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$3,518,403
Grants Payable
97%
Payables & Accruals
3%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,789,494
$3,974,344
+42%
Receivables (Non-Related)
$4,125
$37,699
+814%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$11,340
$6,990
-38%
Investments
$11,626,726
$16,250,177
+40%
Property, Plant, & Equipment (net)
$3,458
$3,185
-8%
Other Assets
$19,525
$40,425
+107%
Total Assets
$14,454,668
$20,312,820
+41%
Liabilities
2023
2024
Change
Payables & Accruals
$59,085
$114,551
+94%
Grants Payable
$1,728,506
$3,403,852
+97%
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$1,787,591
$3,518,403
+97%
Net assets
2023
2024
Change
Restricted Net Assets
$9,470,155
$12,852,037
+36%
Unrestricted Net Assets
$3,196,922
$3,942,380
+23%
Net assets
2023
2024
Change
Net assets
+$12,667,077
+$16,794,417
+33%
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