Logo for "KERN COMMUNITY FOUNDATION"

KERN COMMUNITY FOUNDATION

KERN COMMUNITY FOUNDATION

Bakersfield, CA, US
501(c)3
EIN
77-0555874
DAF Sponsor
Community Foundation
Regional Funder
Logo for "KERN COMMUNITY FOUNDATION"

KERN COMMUNITY FOUNDATION

Bakersfield, CA, US
501(c)3
EIN
77-0555874
DAF Sponsor
Community Foundation
Regional Funder

Balance Sheet

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

$46,020,980

Investments
82%
Cash & Equivalents
17%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$6,681,037

Other Liabilities
89%
Deferred Revenue
5%
Payables & Accruals
4%
Grants Payable
3%
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
$10,322,977
$7,794,246
-24%
Receivables (Non-Related)
$408,521
$320,696
-21%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$82,380
$140,630
+71%
Investments
$32,364,108
$37,649,887
+16%
Property, Plant, & Equipment (net)
$101,758
$9,666
-91%
Other Assets
$161,689
$105,855
-35%
Total Assets
$43,441,433
$46,020,980
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$277,360
$238,274
-14%
Grants Payable
$190,000
$195,265
+3%
Deferred Revenue
$270,000
$323,282
+20%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$5,080,996
$5,924,216
+17%
Total Liabilities
$5,818,356
$6,681,037
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$6,450,000
$6,450,000
+0%
Unrestricted Net Assets
$31,173,077
$32,889,943
+6%
Net assets
2023
2024
Change
Net assets
+$37,623,077
+$39,339,943
+5%
Balance Sheet
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