THE FUND FOR THEOLOGICAL EDUCATION INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$39,615,127
Investments
97%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$298,040
Payables & Accruals
61%
Other Liabilities
39%
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
$777,340
$735,846
-5%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$214,260
$349,637
+63%
Investments
$34,480,931
$38,414,853
+11%
Property, Plant, & Equipment (net)
-
$0
-
Other Assets
$64,492
$114,791
+78%
Total Assets
$35,537,023
$39,615,127
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$555,647
$182,578
-67%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$63,533
$115,462
+82%
Total Liabilities
$619,180
$298,040
-52%
Net assets
2023
2024
Change
Restricted Net Assets
$20,536,213
$22,017,104
+7%
Unrestricted Net Assets
$14,381,630
$17,299,983
+20%
Net assets
2023
2024
Change
Net assets
+$34,917,843
+$39,317,087
+13%
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