FRANKLIN NEWS FOUNDATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$649,934
Receivables (Non-Related)
47%
Cash & Equivalents
42%
Investments
9%
Other Assets
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$726,454
Notes Payable / Debt (Non-Related)
53%
Payables & Accruals
31%
Other Liabilities
16%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,200
$272,742
+3226%
Receivables (Non-Related)
$535,150
$304,091
-43%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$35,810
$1,731
-95%
Investments
$311,715
$61,245
-80%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$10,125
$10,125
+0%
Total Assets
$901,000
$649,934
-28%
Liabilities
2023
2024
Change
Payables & Accruals
$315,819
$223,466
-29%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$385,000
$385,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$385,828
$117,988
-69%
Total Liabilities
$1,086,647
$726,454
-33%
Net assets
2023
2024
Change
Restricted Net Assets
$314,847
$26,400
-92%
Unrestricted Net Assets
-$500,494
-$102,920
+79%
Net assets
2023
2024
Change
Net assets
-$185,647
-$76,520
+59%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)