NATIONAL INVENTORS HALL OF FAME INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$73,109,489
Investments
49%
Cash & Equivalents
20%
Property, Plant, & Equipment (net)
13%
Inventories
12%
Receivables (Non-Related)
4%
Prepaid Expenses
2%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$10,152,683
Payables & Accruals
37%
Deferred Revenue
36%
Other Liabilities
27%
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
$11,346,936
$14,944,219
+32%
Receivables (Non-Related)
$1,440,077
$2,658,013
+85%
Related-Party Receivables
$0
-
-
Inventories
$8,575,062
$8,586,937
+0%
Prepaid Expenses
$488,721
$1,387,114
+184%
Investments
$31,394,988
$35,851,304
+14%
Property, Plant, & Equipment (net)
$8,205,982
$9,359,892
+14%
Other Assets
$282,137
$322,010
+14%
Total Assets
$61,733,903
$73,109,489
+18%
Liabilities
2023
2024
Change
Payables & Accruals
$3,965,540
$3,764,399
-5%
Grants Payable
$0
-
-
Deferred Revenue
$3,239,413
$3,622,557
+12%
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
$0
-
-
Other Liabilities
$2,062,141
$2,765,727
+34%
Total Liabilities
$9,267,094
$10,152,683
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$4,414,576
$6,275,462
+42%
Unrestricted Net Assets
$48,052,233
$56,681,344
+18%
Net assets
2023
2024
Change
Net assets
+$52,466,809
+$62,956,806
+20%
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