funder logo

The Foundation for Community Betterment

The Foundation for Community Betterment

Springfield, VA, US
501(c)3
EIN
31-1724638
funder logo

The Foundation for Community Betterment

Springfield, VA, US
501(c)3
EIN
31-1724638

Balance Sheet

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

$536,089

Cash & Equivalents
90%
Receivables (Non-Related)
7%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$3,351

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
$402,422
$481,101
+20%
Receivables (Non-Related)
$11,550
$35,488
+207%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$200
$200
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$19,300
$19,300
+0%
Other Assets
-
-
-
Total Assets
$433,472
$536,089
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$2,325
$3,351
+44%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,325
$3,351
+44%
Net assets
2023
2024
Change
Restricted Net Assets
$279,739
$174,684
-38%
Unrestricted Net Assets
$151,408
$358,054
+136%
Net assets
2023
2024
Change
Net assets
+$431,147
+$532,738
+24%
Balance Sheet
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