UNITED STATES ROWING ASSOCIATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,656,500
Cash & Equivalents
64%
Receivables (Non-Related)
16%
Investments
10%
Property, Plant, & Equipment (net)
7%
Prepaid Expenses
2%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$3,440,607
Deferred Revenue
66%
Payables & Accruals
29%
Notes Payable / Debt (Non-Related)
4%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,117,618
$3,632,100
+72%
Receivables (Non-Related)
$1,415,205
$904,024
-36%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$214,784
$138,639
-35%
Investments
$558,345
$585,386
+5%
Property, Plant, & Equipment (net)
$114,805
$385,742
+236%
Other Assets
$73,954
$10,609
-86%
Total Assets
$4,494,711
$5,656,500
+26%
Liabilities
2023
2024
Change
Payables & Accruals
$564,738
$1,003,226
+78%
Grants Payable
-
-
-
Deferred Revenue
$1,861,874
$2,285,155
+23%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$145,349
$141,617
-3%
Related-Party Payables
-
-
-
Other Liabilities
$73,954
$10,609
-86%
Total Liabilities
$2,645,915
$3,440,607
+30%
Net assets
2023
2024
Change
Restricted Net Assets
$1,481,598
$1,360,138
-8%
Unrestricted Net Assets
$367,198
$855,755
+133%
Net assets
2023
2024
Change
Net assets
+$1,848,796
+$2,215,893
+20%
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