PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION
Pub 78

PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION
Pub 78

Philadelphia, PA, US
501(c)
EIN
23-6050858

PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION
Pub 78

Philadelphia, PA, US
501(c)
EIN
23-6050858

Balance Sheet

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

$64,901,333

Cash & Equivalents
62%
Other Assets
34%
Property, Plant, & Equipment (net)
2%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$42,361,415

Other Liabilities
67%
Deferred Revenue
26%
Payables & Accruals
6%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$16,102,812
$40,413,743
+151%
Receivables (Non-Related)
$1,211,074
$810,381
-33%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,198,807
$307,244
-74%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,203,702
$1,399,522
-36%
Other Assets
$19,230,621
$21,970,443
+14%
Total Assets
$39,947,016
$64,901,333
+62%
Liabilities
2023
2024
Change
Payables & Accruals
$2,540,753
$2,682,438
+6%
Grants Payable
-
-
-
Deferred Revenue
$12,604,654
$11,196,876
-11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$687,622
$287,622
-58%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$8,519,291
$28,194,479
+231%
Total Liabilities
$24,352,320
$42,361,415
+74%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$15,594,696
$22,539,918
+45%
Net assets
2023
2024
Change
Net assets
+$15,594,696
+$22,539,918
+45%
Balance Sheet
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