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BIG SPRING AREA COMMUNITY FOUNDATION INC

BIG SPRING AREA COMMUNITY FOUNDATION INC

Big Spring, TX, US
501(c)3
EIN
75-2970373
DAF Sponsor
Community Foundation
Regional Funder
funder logo

BIG SPRING AREA COMMUNITY FOUNDATION INC

Big Spring, TX, US
501(c)3
EIN
75-2970373
DAF Sponsor
Community Foundation
Regional Funder

Balance Sheet

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

$21,571,654

Investments
93%
Cash & Equivalents
7%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$3,193,889

Custodial & Escrow Liabilities
>99%
Payables & Accruals
0%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,259,553
$1,438,407
+14%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$17,874,848
$19,989,105
+12%
Property, Plant, & Equipment (net)
-
$144,142
-
Other Assets
-
-
-
Total Assets
$19,134,401
$21,571,654
+13%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$5,825,527
$3,193,889
-45%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$5,825,527
$3,193,889
-45%
Net assets
2023
2024
Change
Restricted Net Assets
-
$2,384,199
-
Unrestricted Net Assets
-
$15,993,566
-
Net assets
2023
2024
Change
Net assets
+$13,308,874
+$18,377,765
+38%
Balance Sheet
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