FOUNDATION FOR FREE ENTERPRISE EDUCATION
Balance Sheet
Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$7,935,592
Investments
84%
Cash & Equivalents
11%
Property, Plant, & Equipment (net)
5%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$444,602
Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$738,044
$833,482
+13%
Receivables (Non-Related)
$31,040
$30,939
0%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$32,325
$30,280
-6%
Investments
$5,320,638
$6,629,210
+25%
Property, Plant, & Equipment (net)
$328,938
$411,681
+25%
Other Assets
-
-
-
Total Assets
$6,450,985
$7,935,592
+23%
Liabilities
2023
2024
Change
Payables & Accruals
$421,069
$444,602
+6%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$421,069
$444,602
+6%
Net assets
2023
2024
Change
Restricted Net Assets
$373,818
$435,438
+16%
Unrestricted Net Assets
$5,656,098
$7,055,552
+25%
Net assets
2023
2024
Change
Net assets
+$6,029,916
+$7,490,990
+24%
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