Logo for "INNOVATIONS FOR POVERTY ACTION A NONPROFIT CORPORATION"

INNOVATIONS FOR POVERTY ACTION A NONPROFIT CORPORATION

INNOVATIONS FOR POVERTY ACTION A NONPROFIT CORPORATION

Washington, DC, US
501(c)3
EIN
06-1660068
Logo for "INNOVATIONS FOR POVERTY ACTION A NONPROFIT CORPORATION"

INNOVATIONS FOR POVERTY ACTION A NONPROFIT CORPORATION

Washington, DC, US
501(c)3
EIN
06-1660068

Balance Sheet

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

$33,431,493

Cash & Equivalents
58%
Receivables (Non-Related)
37%
Prepaid Expenses
3%
Other Assets
1%
Property, Plant, & Equipment (net)
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)

$28,855,772

Deferred Revenue
86%
Payables & Accruals
14%
Other Liabilities
<1%
Grants Payable
0%
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
$19,594,901
$19,372,620
-1%
Receivables (Non-Related)
$10,322,285
$12,289,424
+19%
Related-Party Receivables
-
-
-
Inventories
$315,623
$67,624
-79%
Prepaid Expenses
$1,183,218
$987,509
-17%
Investments
-
-
-
Property, Plant, & Equipment (net)
$254,794
$222,429
-13%
Other Assets
$397,195
$491,887
+24%
Total Assets
$32,068,016
$33,431,493
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$3,572,401
$4,124,312
+15%
Grants Payable
-
-
-
Deferred Revenue
$18,052,434
$24,685,829
+37%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$182,005
$45,631
-75%
Total Liabilities
$21,806,840
$28,855,772
+32%
Net assets
2023
2024
Change
Restricted Net Assets
$3,564,694
$1,611,204
-55%
Unrestricted Net Assets
$6,696,482
$2,964,517
-56%
Net assets
2023
2024
Change
Net assets
+$10,261,176
+$4,575,721
-55%
Balance Sheet
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