FOUNDATION FOR IMPACT ON LITERACY AND LEARNING INC

FOUNDATION FOR IMPACT ON LITERACY AND LEARNING INC

HUNTINGTON, NY, US
501(c)(3)
EIN
16-1650130

FOUNDATION FOR IMPACT ON LITERACY AND LEARNING INC

HUNTINGTON, NY, US
501(c)(3)
EIN
16-1650130

Balance Sheet

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

$1,991,157

Cash & Equivalents
51%
Investments
49%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$79,718

Grants Payable
55%
Payables & Accruals
45%
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
$1,184,042
$1,014,835
-14%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$452,226
$976,322
+116%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$1,636,268
$1,991,157
+22%
Liabilities
2023
2024
Change
Payables & Accruals
$25,808
$35,718
+38%
Grants Payable
$22,000
$44,000
+100%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$47,808
$79,718
+67%
Net assets
2023
2024
Change
Restricted Net Assets
$887,687
$1,156,821
+30%
Unrestricted Net Assets
$700,773
$754,618
+8%
Net assets
2023
2024
Change
Net assets
+$1,588,460
+$1,911,439
+20%
Balance Sheet
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