funder logo

Valley Baptist Legacy Foundation

Valley Baptist Legacy Foundation

Harlingen, TX, US
501(c)3
EIN
74-1936869
Open for Solicitation
Private Foundation
Regional Funder
funder logo

Valley Baptist Legacy Foundation

Harlingen, TX, US
501(c)3
EIN
74-1936869
Open for Solicitation
Private Foundation
Regional Funder

Balance Sheet

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

$453,330,670

Investments
95%
Other Assets
3%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$23,188,199

Grants Payable
92%
Other Liabilities
8%
Payables & Accruals
<1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$8,957,645
$9,249,600
+3%
Receivables (Non-Related)
$0
$0
-
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$25,757
$22,886
-11%
Investments
$408,058,435
$430,084,320
+5%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$12,065,660
$13,973,864
+16%
Total Assets
$429,107,497
$453,330,670
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$112,862
$135,735
+20%
Grants Payable
$8,126,676
$21,304,126
+162%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$1,880,450
$1,748,338
-7%
Total Liabilities
$10,119,988
$23,188,199
+129%
Net assets
2023
2024
Change
Restricted Net Assets
$10,956,917
$12,975,670
+18%
Unrestricted Net Assets
$408,030,592
$417,166,801
+2%
Net assets
2023
2024
Change
Net assets
+$418,987,509
+$430,142,471
+3%
Balance Sheet
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