AMERICAN FEDERATION FOR AGING RESEARCH INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$48,385,387
Receivables (Non-Related)
41%
Investments
35%
Cash & Equivalents
21%
Other Assets
4%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$18,268,406
Grants Payable
97%
Payables & Accruals
1%
Other Liabilities
1%
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
$6,601,374
$10,109,737
+53%
Receivables (Non-Related)
$22,196,150
$19,707,431
-11%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$66,508
$49,698
-25%
Investments
$15,869,845
$16,756,301
+6%
Property, Plant, & Equipment (net)
$15,779
$9,437
-40%
Other Assets
$1,872,336
$1,752,783
-6%
Total Assets
$46,621,992
$48,385,387
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$408,001
$273,461
-33%
Grants Payable
$15,114,525
$17,781,869
+18%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$403,034
$213,076
-47%
Total Liabilities
$15,925,560
$18,268,406
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$22,621,492
$20,640,914
-9%
Unrestricted Net Assets
$8,074,940
$9,476,067
+17%
Net assets
2023
2024
Change
Net assets
+$30,696,432
+$30,116,981
-2%
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