funder logo

THE BLACK BELT COMMUNITY FOUNDATION

THE BLACK BELT COMMUNITY FOUNDATION

Selma, AL, US
501(c)3
EIN
63-1270745
DAF Sponsor
Community Foundation
Regional Funder
funder logo

THE BLACK BELT COMMUNITY FOUNDATION

Selma, AL, US
501(c)3
EIN
63-1270745
DAF Sponsor
Community Foundation
Regional Funder

Balance Sheet

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

$26,271,694

Cash & Equivalents
89%
Property, Plant, & Equipment (net)
5%
Investments
3%
Receivables (Non-Related)
2%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$747,429

Other Liabilities
60%
Payables & Accruals
36%
Deferred Revenue
4%
Grants Payable
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
$25,187,540
$23,490,471
-7%
Receivables (Non-Related)
$1,407,496
$474,963
-66%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$37,750
$6,255
-83%
Investments
$845,939
$876,819
+4%
Property, Plant, & Equipment (net)
$1,403,297
$1,403,507
+0%
Other Assets
$320,999
$19,679
-94%
Total Assets
$29,203,021
$26,271,694
-10%
Liabilities
2023
2024
Change
Payables & Accruals
$344,038
$270,291
-21%
Grants Payable
-
-
-
Deferred Revenue
$169,786
$30,720
-82%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$667,470
$446,418
-33%
Total Liabilities
$1,181,294
$747,429
-37%
Net assets
2023
2024
Change
Restricted Net Assets
$20,260,458
$19,797,339
-2%
Unrestricted Net Assets
$7,761,269
$5,726,926
-26%
Net assets
2023
2024
Change
Net assets
+$28,021,727
+$25,524,265
-9%
Balance Sheet
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