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ARMENIAN CULTURAL ASSOCIATION OF AMERICA INC

ARMENIAN CULTURAL ASSOCIATION OF AMERICA INC

Watertown, MA, US
501(c)3
EIN
04-2552239
DAF Sponsor
Regional Funder
funder logo

ARMENIAN CULTURAL ASSOCIATION OF AMERICA INC

Watertown, MA, US
501(c)3
EIN
04-2552239
DAF Sponsor
Regional Funder

Balance Sheet

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

$6,852,363

Investments
88%
Cash & Equivalents
7%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
2%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$141,281

Payables & Accruals
61%
Related-Party Payables
39%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,221,917
$488,011
-60%
Receivables (Non-Related)
$408,102
$55,780
-86%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$643,568
$150,419
-77%
Investments
$5,093,180
$6,019,860
+18%
Property, Plant, & Equipment (net)
$143,596
$138,293
-4%
Other Assets
-
-
-
Total Assets
$7,510,363
$6,852,363
-9%
Liabilities
2023
2024
Change
Payables & Accruals
$72,603
$86,281
+19%
Grants Payable
-
-
-
Deferred Revenue
$838,465
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$55,000
$55,000
+0%
Other Liabilities
-
-
-
Total Liabilities
$966,068
$141,281
-85%
Net assets
2023
2024
Change
Restricted Net Assets
$2,741,658
$3,882,361
+42%
Unrestricted Net Assets
$3,802,637
$2,828,721
-26%
Net assets
2023
2024
Change
Net assets
+$6,544,295
+$6,711,082
+3%
Balance Sheet
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