GEORGIA CHAMBER OF COMMERCE FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,668,993
Cash & Equivalents
83%
Property, Plant, & Equipment (net)
16%
Prepaid Expenses
1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,922,208
Other Liabilities
98%
Deferred Revenue
1%
Payables & Accruals
<1%
Grants Payable
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
$738,239
$1,379,043
+87%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$24,202
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$273,272
$265,748
-3%
Other Assets
-
-
-
Total Assets
$1,011,511
$1,668,993
+65%
Liabilities
2023
2024
Change
Payables & Accruals
$71,260
$6,716
-91%
Grants Payable
-
-
-
Deferred Revenue
$10,000
$25,000
+150%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$170,000
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$945,065
$1,890,492
+100%
Total Liabilities
$1,196,325
$1,922,208
+61%
Net assets
2023
2024
Change
Restricted Net Assets
$218,012
$358,024
+64%
Unrestricted Net Assets
-$402,826
-$611,239
-52%
Net assets
2023
2024
Change
Net assets
-$184,814
-$253,215
-37%
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