Logo for "I CAR EDUCATION FOUNDATION"

I CAR EDUCATION FOUNDATION

I CAR EDUCATION FOUNDATION

Hoffman Estates, IL, US
501(c)3
EIN
36-3768028
Regional Funder
Logo for "I CAR EDUCATION FOUNDATION"

I CAR EDUCATION FOUNDATION

Hoffman Estates, IL, US
501(c)3
EIN
36-3768028
Regional Funder

Balance Sheet

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

$6,724,233

Investments
54%
Cash & Equivalents
20%
Inventories
18%
Receivables (Non-Related)
5%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$496,645

Payables & Accruals
65%
Other Liabilities
24%
Deferred Revenue
11%
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
$1,495,711
$1,352,746
-10%
Receivables (Non-Related)
$391,754
$329,300
-16%
Related-Party Receivables
-
-
-
Inventories
$871,379
$1,236,174
+42%
Prepaid Expenses
$130,504
$135,244
+4%
Investments
$3,209,018
$3,644,174
+14%
Property, Plant, & Equipment (net)
-
$26,595
-
Other Assets
-
-
-
Total Assets
$6,098,366
$6,724,233
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$823,195
$324,958
-61%
Grants Payable
-
-
-
Deferred Revenue
$6,030
$53,236
+783%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$62,385
$118,451
+90%
Total Liabilities
$891,610
$496,645
-44%
Net assets
2023
2024
Change
Restricted Net Assets
$1,230,031
$1,765,394
+44%
Unrestricted Net Assets
$3,976,725
$4,462,194
+12%
Net assets
2023
2024
Change
Net assets
+$5,206,756
+$6,227,588
+20%
Balance Sheet
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