What is the meaning of Net Worth (Fund Balance in nonprofit organizations)?

Net Worth > Fund Balance in nonprofit organizations

Total assets minus total liabilities. Aggregate net value of the organization.

Barry Goldsmith
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APABarry Goldsmith. (2010). Net Worth (Fund Balance in nonprofit organizations). Retrieved October 1, 2026, from http://smartdefine.org/net_worth_(fund_balance_in_nonprofit_organizations)/definitions/1159013
ChicagoBarry Goldsmith. 2010. "Net Worth (Fund Balance in nonprofit organizations)" http://smartdefine.org/net_worth_(fund_balance_in_nonprofit_organizations)/definitions/1159013 (accessed October 1, 2026).
HarvardBarry Goldsmith 2010, Net Worth (Fund Balance in nonprofit organizations), Smart Define, viewed 1 October, 2026, <http://smartdefine.org/net_worth_(fund_balance_in_nonprofit_organizations)/definitions/1159013>.
MLABarry Goldsmith. "Net Worth (Fund Balance in nonprofit organizations)" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/net_worth_(fund_balance_in_nonprofit_organizations)/definitions/1159013>