HIGH POINT FOUNDATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,204,807
Investments
59%
Cash & Equivalents
28%
Receivables (Non-Related)
13%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$20,347
Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$524,326
$889,022
+70%
Receivables (Non-Related)
$31,432
$415,900
+1223%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$1,723,894
$1,899,885
+10%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$2,279,652
$3,204,807
+41%
Liabilities
2023
2024
Change
Payables & Accruals
-
$20,347
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$0
$20,347
-
Net assets
2023
2024
Change
Restricted Net Assets
$432,525
$1,184,026
+174%
Unrestricted Net Assets
$1,847,127
$1,989,268
+8%
Net assets
2023
2024
Change
Net assets
+$2,279,652
+$3,184,460
+40%
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