FUND FOR ARMENIAN RELIEF INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$30,851,623
Investments
49%
Cash & Equivalents
21%
Receivables (Non-Related)
17%
Other Assets
7%
Property, Plant, & Equipment (net)
4%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$173,687
Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,005,158
$6,623,504
+65%
Receivables (Non-Related)
$6,500,887
$5,276,377
-19%
Related-Party Receivables
$0
$0
-
Inventories
$166,200
$129,971
-22%
Prepaid Expenses
$62,527
$36,291
-42%
Investments
$13,764,425
$15,191,674
+10%
Property, Plant, & Equipment (net)
$1,370,877
$1,346,059
-2%
Other Assets
$2,075,311
$2,247,747
+8%
Total Assets
$27,945,385
$30,851,623
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$145,431
$173,687
+19%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$145,431
$173,687
+19%
Net assets
2023
2024
Change
Restricted Net Assets
$20,069,148
$21,144,812
+5%
Unrestricted Net Assets
$7,730,806
$9,533,124
+23%
Net assets
2023
2024
Change
Net assets
+$27,799,954
+$30,677,936
+10%
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