FRIENDS COUNCIL ON EDUCATION
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$18,444,452
Investments
68%
Cash & Equivalents
32%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$7,662,849
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
$2,374,622
$5,821,664
+145%
Receivables (Non-Related)
$13,409
$16,881
+26%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$10,260
$7,601
-26%
Investments
$11,002,913
$12,595,732
+14%
Property, Plant, & Equipment (net)
$2,199
$2,574
+17%
Other Assets
-
-
-
Total Assets
$13,403,403
$18,444,452
+38%
Liabilities
2023
2024
Change
Payables & Accruals
$13,167
$56,350
+328%
Grants Payable
-
-
-
Deferred Revenue
$26,200
$0
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,441,883
$7,606,499
+121%
Total Liabilities
$3,481,250
$7,662,849
+120%
Net assets
2023
2024
Change
Restricted Net Assets
$6,504,938
$6,985,656
+7%
Unrestricted Net Assets
$3,417,215
$3,795,947
+11%
Net assets
2023
2024
Change
Net assets
+$9,922,153
+$10,781,603
+9%
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