INNER-CITY MUSLIM ACTION NETWORK
INNER-CITY MUSLIM ACTION NETWORK
INNER-CITY MUSLIM ACTION NETWORK
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$18,312,708
Property, Plant, & Equipment (net)
82%
Receivables (Non-Related)
13%
Cash & Equivalents
3%
Other Assets
<1%
Prepaid Expenses
<1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$4,096,751
Payables & Accruals
37%
Notes Payable / Debt (Non-Related)
36%
Related-Party Payables
25%
Other Liabilities
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,084,353
$590,280
-72%
Receivables (Non-Related)
$1,072,119
$2,442,137
+128%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$69,031
$41,212
-40%
Investments
$96,333
$4,173
-96%
Property, Plant, & Equipment (net)
$14,298,695
$15,067,171
+5%
Other Assets
$165,830
$167,735
+1%
Total Assets
$17,786,361
$18,312,708
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$1,730,256
$1,515,558
-12%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,312,133
$1,471,664
+12%
Related-Party Payables
-
$1,038,098
-
Other Liabilities
$88,052
$71,431
-19%
Total Liabilities
$3,130,441
$4,096,751
+31%
Net assets
2023
2024
Change
Restricted Net Assets
$5,747,067
-$3,140,828
-155%
Unrestricted Net Assets
$8,908,853
$17,356,785
+95%
Net assets
2023
2024
Change
Net assets
+$14,655,920
+$14,215,957
-3%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)