MUSLIM ASSOCIATION OF PUGET SOUND
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$9,418,016
Property, Plant, & Equipment (net)
33%
Investments
24%
Other Assets
23%
Cash & Equivalents
19%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,395,279
Other Liabilities
98%
Payables & Accruals
2%
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
$2,801,714
$1,753,632
-37%
Receivables (Non-Related)
$39,693
$86,500
+118%
Related-Party Receivables
$0
$0
-
Inventories
-
$0
-
Prepaid Expenses
-
$81,910
-
Investments
$1,613,162
$2,231,216
+38%
Property, Plant, & Equipment (net)
$3,617,445
$3,082,939
-15%
Other Assets
$74,731
$2,181,819
+2820%
Total Assets
$8,146,745
$9,418,016
+16%
Liabilities
2023
2024
Change
Payables & Accruals
$13,915
$23,817
+71%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$527,455
$1,371,462
+160%
Total Liabilities
$541,370
$1,395,279
+158%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$599,527
-
Unrestricted Net Assets
$7,605,375
$7,423,210
-2%
Net assets
2023
2024
Change
Net assets
+$7,605,375
+$8,022,737
+5%
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