funder logo

IEEE FOUNDATION INC

IEEE FOUNDATION INC

Piscataway, NJ, US
501(c)3
EIN
23-7310664
Regional Funder
funder logo

IEEE FOUNDATION INC

Piscataway, NJ, US
501(c)3
EIN
23-7310664
Regional Funder

Balance Sheet

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

$84,710,583

Investments
67%
Cash & Equivalents
24%
Other Assets
5%
Receivables (Non-Related)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$2,618,530

Grants Payable
77%
Payables & Accruals
23%
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
$17,789,527
$20,412,183
+15%
Receivables (Non-Related)
$3,406,515
$3,332,297
-2%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$113,739
$134,922
+19%
Investments
$50,914,559
$56,686,724
+11%
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$4,310,639
$4,144,457
-4%
Total Assets
$76,534,979
$84,710,583
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$372,700
$595,932
+60%
Grants Payable
$1,579,131
$2,022,598
+28%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
$0
-
Other Liabilities
$385,466
$0
-100%
Total Liabilities
$2,337,297
$2,618,530
+12%
Net assets
2023
2024
Change
Restricted Net Assets
-
$62,130,468
-
Unrestricted Net Assets
-
$19,961,585
-
Net assets
2023
2024
Change
Net assets
+$74,197,682
+$82,092,053
+11%
Balance Sheet
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