funder logo

The Westfield Foundation

The Westfield Foundation

Westfield, NJ, US
501(c)3
EIN
22-2155896
DAF Sponsor
Community Foundation
Regional Funder
funder logo

The Westfield Foundation

Westfield, NJ, US
501(c)3
EIN
22-2155896
DAF Sponsor
Community Foundation
Regional Funder

Balance Sheet

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

$29,749,068

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

$5,831,817

Other Liabilities
>99%
Payables & Accruals
0%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$94,505
$162,331
+72%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$11,472
-
-
Investments
$28,201,171
$29,538,033
+5%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$7,640
$48,704
+537%
Total Assets
$28,314,788
$29,749,068
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$67,000
-
-
Grants Payable
-
-
-
Deferred Revenue
$400,000
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$5,696,700
$5,831,817
+2%
Total Liabilities
$6,163,700
$5,831,817
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$6,591,345
$7,147,110
+8%
Unrestricted Net Assets
$15,559,743
$16,770,141
+8%
Net assets
2023
2024
Change
Net assets
+$22,151,088
+$23,917,251
+8%
Balance Sheet
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