QUEENS ECONOMIC DEVELOPMENT CORPORATION

QUEENS ECONOMIC DEVELOPMENT CORPORATION

KEW GARDENS, NY, US
501(c)(3)
EIN
11-2436149

QUEENS ECONOMIC DEVELOPMENT CORPORATION

KEW GARDENS, NY, US
501(c)(3)
EIN
11-2436149

Balance Sheet

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

$3,000,277

Receivables (Non-Related)
47%
Cash & Equivalents
30%
Other Assets
20%
Property, Plant, & Equipment (net)
2%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)

$726,967

Other Liabilities
83%
Payables & Accruals
17%
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%
Assets
2023
2024
Change
Cash & Equivalents
$1,507,316
$906,057
-40%
Receivables (Non-Related)
$953,951
$1,419,050
+49%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
-
$0
-
Investments
-
$0
-
Property, Plant, & Equipment (net)
$79,801
$65,983
-17%
Other Assets
$14,855
$609,187
+4001%
Total Assets
$2,555,923
$3,000,277
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$67,692
$120,884
+79%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$237,172
$606,083
+156%
Total Liabilities
$304,864
$726,967
+138%
Net assets
2023
2024
Change
Restricted Net Assets
-
$2,273,310
-
Unrestricted Net Assets
$2,251,059
-
-
Net assets
2023
2024
Change
Net assets
+$2,251,059
+$2,273,310
+1%
Balance Sheet
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