CHINESE PROGRESSIVE ASSOCIATION
CHINESE PROGRESSIVE ASSOCIATION
CHINESE PROGRESSIVE ASSOCIATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$32,528,090
Cash & Equivalents
80%
Receivables (Non-Related)
12%
Investments
6%
Other Assets
2%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,273,688
Grants Payable
57%
Payables & Accruals
39%
Other Liabilities
4%
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
$27,071,374
$26,178,494
-3%
Receivables (Non-Related)
$5,182,827
$3,846,597
-26%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$106,045
$53,617
-49%
Investments
-
$1,896,211
-
Property, Plant, & Equipment (net)
$27,643
$18,681
-32%
Other Assets
$428,764
$534,490
+25%
Total Assets
$32,816,653
$32,528,090
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$4,715,918
$498,788
-89%
Grants Payable
$750,000
$725,000
-3%
Deferred Revenue
$210,400
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$448,992
$49,900
-89%
Total Liabilities
$6,125,310
$1,273,688
-79%
Net assets
2023
2024
Change
Restricted Net Assets
$20,415,017
$23,753,787
+16%
Unrestricted Net Assets
$6,276,326
$7,500,615
+20%
Net assets
2023
2024
Change
Net assets
+$26,691,343
+$31,254,402
+17%
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