MINNEAPOLIS PARKS FOUNDATION
MINNEAPOLIS PARKS FOUNDATION
MINNEAPOLIS PARKS FOUNDATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$17,673,555
Cash & Equivalents
96%
Other Assets
4%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$13,234,559
Other Liabilities
>99%
Payables & Accruals
<1%
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
$13,092,360
$16,906,265
+29%
Receivables (Non-Related)
$2,500
$9,500
+280%
Related-Party Receivables
-
-
-
Inventories
$855
$725
-15%
Prepaid Expenses
$6,379
$9,409
+47%
Investments
-
-
-
Property, Plant, & Equipment (net)
$11,112
$8,433
-24%
Other Assets
$681,954
$739,223
+8%
Total Assets
$13,795,160
$17,673,555
+28%
Liabilities
2023
2024
Change
Payables & Accruals
$86,458
$19,134
-78%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$9,933,795
$13,215,425
+33%
Total Liabilities
$10,020,253
$13,234,559
+32%
Net assets
2023
2024
Change
Restricted Net Assets
$1,361,941
$1,547,876
+14%
Unrestricted Net Assets
$2,412,966
$2,891,120
+20%
Net assets
2023
2024
Change
Net assets
+$3,774,907
+$4,438,996
+18%
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