Logo for "THE SUMNERS FOUNDATION"

THE SUMNERS FOUNDATION

THE SUMNERS FOUNDATION

Irving, TX, US
501(c)3
EIN
75-2734032
Open for Solicitation
Private Foundation
Regional Funder
Logo for "THE SUMNERS FOUNDATION"

THE SUMNERS FOUNDATION

Irving, TX, US
501(c)3
EIN
75-2734032
Open for Solicitation
Private Foundation
Regional Funder

Balance Sheet

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

$74,050,556

Investments
90%
Cash & Equivalents
9%
Receivables (Non-Related)
<1%
Other Assets
<1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$246,283

Payables & Accruals
71%
Other Liabilities
29%
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%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$1,866,588
$7,003,524
+275%
Receivables (Non-Related)
$59,479
$554,145
+832%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$28,626
$12,416
-57%
Investments
$70,054,328
$66,385,304
-5%
Property, Plant, & Equipment (net)
$33,372
$27,480
-18%
Other Assets
$109,675
$67,687
-38%
Total Assets
$72,152,068
$74,050,556
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$32,646
$175,293
+437%
Grants Payable
-
-
-
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)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$304,336
$70,990
-77%
Total Liabilities
$336,982
$246,283
-27%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$71,815,086
$73,804,273
+3%
Net assets
2023
2024
Change
Net assets
+$71,815,086
+$73,804,273
+3%
Balance Sheet
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