AMERICAN FOUNDATION FOR THE BLIND INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$35,114,433
Investments
95%
Cash & Equivalents
2%
Other Assets
2%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,018,552
Other Liabilities
45%
Payables & Accruals
42%
Deferred Revenue
14%
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
$1,139,878
$591,137
-48%
Receivables (Non-Related)
$638,203
$283,807
-56%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$101,256
$191,746
+89%
Investments
$26,742,038
$33,448,621
+25%
Property, Plant, & Equipment (net)
$99,613
$59,412
-40%
Other Assets
$27,430
$539,710
+1868%
Total Assets
$28,748,418
$35,114,433
+22%
Liabilities
2023
2024
Change
Payables & Accruals
$960,891
$425,110
-56%
Grants Payable
-
-
-
Deferred Revenue
$84,771
$137,974
+63%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$79,867
$455,468
+470%
Total Liabilities
$1,125,529
$1,018,552
-10%
Net assets
2023
2024
Change
Restricted Net Assets
$18,259,442
$20,281,933
+11%
Unrestricted Net Assets
$9,363,447
$13,813,948
+48%
Net assets
2023
2024
Change
Net assets
+$27,622,889
+$34,095,881
+23%
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