Islamic Food & Nutrition Council of America
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$132,133,751
Investments
76%
Property, Plant, & Equipment (net)
11%
Receivables (Non-Related)
7%
Cash & Equivalents
6%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$8,253,977
Deferred Revenue
76%
Payables & Accruals
17%
Grants Payable
7%
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
$6,661,367
$7,657,691
+15%
Receivables (Non-Related)
$7,535,740
$9,227,746
+22%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$233,572
$227,178
-3%
Investments
$87,337,783
$100,390,171
+15%
Property, Plant, & Equipment (net)
$14,655,002
$14,539,624
-1%
Other Assets
$1,130,508
$91,341
-92%
Total Assets
$117,553,972
$132,133,751
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$1,421,664
$1,402,737
-1%
Grants Payable
$1,341,613
$600,000
-55%
Deferred Revenue
$4,472,737
$6,251,240
+40%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$7,236,014
$8,253,977
+14%
Net assets
2023
2024
Change
Restricted Net Assets
$93,605,000
$101,264,052
+8%
Unrestricted Net Assets
$16,712,958
$22,615,722
+35%
Net assets
2023
2024
Change
Net assets
+$110,317,958
+$123,879,774
+12%
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