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

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

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APABarry Goldsmith. (2010). net worth (fund balance in nonprofit organizations). Retrieved October 2, 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 2, 2026).
HarvardBarry Goldsmith 2010, net worth (fund balance in nonprofit organizations), Smart Define, viewed 2 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. 2 October 2026. <http://smartdefine.org/net_worth_(fund_balance_in_nonprofit_organizations)/definitions/1159013>