KARAM FOUNDATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,819,480
Cash & Equivalents
75%
Receivables (Non-Related)
16%
Other Assets
5%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$202,731
Other Liabilities
63%
Payables & Accruals
37%
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
$3,000,560
$2,101,505
-30%
Receivables (Non-Related)
$1,610,931
$438,605
-73%
Related-Party Receivables
$0
$0
-
Inventories
$1,851
$1,841
-1%
Prepaid Expenses
$9,768
$14,923
+53%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$95,562
$114,732
+20%
Other Assets
$146,567
$147,874
+1%
Total Assets
$4,865,239
$2,819,480
-42%
Liabilities
2023
2024
Change
Payables & Accruals
$83,489
$75,269
-10%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$124,054
$127,462
+3%
Total Liabilities
$207,543
$202,731
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$2,618,992
$444,776
-83%
Unrestricted Net Assets
$2,038,704
$2,171,973
+7%
Net assets
2023
2024
Change
Net assets
+$4,657,696
+$2,616,749
-44%
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