The 5 Gyres Institute
Balance Sheet
Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$910,557
Investments
84%
Cash & Equivalents
10%
Receivables (Non-Related)
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$159,921
Notes Payable / Debt (Non-Related)
94%
Payables & Accruals
6%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$344,561
$91,354
-73%
Receivables (Non-Related)
$26,470
$54,917
+107%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$50
$50
+0%
Investments
$576,128
$764,236
+33%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$5,355
-
-
Total Assets
$952,564
$910,557
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$8,975
$9,921
+11%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$150,000
$150,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$158,975
$159,921
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$143,752
$7,850
-95%
Unrestricted Net Assets
$649,837
$742,786
+14%
Net assets
2023
2024
Change
Net assets
+$793,589
+$750,636
-5%
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