THE BIDEN FOUNDATIONClosed
Closed
Balance Sheet
Fiscal Year Start:
Jan 1
Closed
This organization is considered closed as of 2020. Impala made this determination because the organization is listed as revoked by the IRS, has not filed Form 990s in 5+ years, and no longer appears in the EO Business Master File or Pub78 List.
Note: The closure year reflects the IRS revocation effective date. Revocation typically follows three years of non-filing, so the organization may have ceased operations earlier.
Assets in 2019 (Year End)
$2,094,221
Cash & Equivalents
99%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2019 (Year End)
$3,701
Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2019
2020
Change
Cash & Equivalents
$2,064,666
$0
-100%
Receivables (Non-Related)
$1,009
$0
-100%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$28,546
$0
-100%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$0
$0
-
Total Assets
$2,094,221
$0
-100%
Liabilities
2019
2020
Change
Payables & Accruals
$3,701
-
-
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
-
-
Other Liabilities
$0
-
-
Total Liabilities
$3,701
$0
-100%
Net assets
2019
2020
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$2,090,520
$0
-100%
Net assets
2019
2020
Change
Net assets
+$2,090,520
+$0
-100%
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