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ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC

ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC

Chicago, IL, US
501(c)(3)
EIN
36-3271510
funder logo

ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC

Chicago, IL, US
501(c)(3)
EIN
36-3271510

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$1,554,025

Investments
63%
Cash & Equivalents
35%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$26,297

Other Liabilities
54%
Payables & Accruals
46%
Grants Payable
0%
Deferred Revenue
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
$530,218
$537,698
+1%
Receivables (Non-Related)
$22,929
$34,339
+50%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$8,678
$1,544
-82%
Investments
$877,095
$980,444
+12%
Property, Plant, & Equipment (net)
$317
$0
-100%
Other Assets
-
-
-
Total Assets
$1,439,237
$1,554,025
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$7,850
$12,020
+53%
Grants Payable
-
-
-
Deferred Revenue
$10,500
$0
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$17,835
$14,277
-20%
Total Liabilities
$36,185
$26,297
-27%
Net assets
2023
2024
Change
Restricted Net Assets
$459,887
$512,593
+11%
Unrestricted Net Assets
$943,165
$1,015,135
+8%
Net assets
2023
2024
Change
Net assets
+$1,403,052
+$1,527,728
+9%
Balance Sheet
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