FUND FOR THE AGED INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$95,100,235
Other Assets
50%
Investments
45%
Cash & Equivalents
4%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$194,508
Payables & Accruals
59%
Other Liabilities
41%
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
$7,146,768
$3,913,252
-45%
Receivables (Non-Related)
$640,295
$982,265
+53%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$125,789
$102,743
-18%
Investments
$50,862,060
$42,388,917
-17%
Property, Plant, & Equipment (net)
$519,975
$15,713
-97%
Other Assets
$34,939,806
$47,697,345
+37%
Total Assets
$94,234,693
$95,100,235
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$11,612
$115,224
+892%
Grants Payable
-
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$89,265
$79,284
-11%
Total Liabilities
$100,877
$194,508
+93%
Net assets
2023
2024
Change
Restricted Net Assets
$39,304,747
$37,581,977
-4%
Unrestricted Net Assets
$54,829,069
$57,323,750
+5%
Net assets
2023
2024
Change
Net assets
+$94,133,816
+$94,905,727
+1%
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