LOAN REPAYMENT ASSISTANCE PROGRAM OF MINNESOTA INC

LOAN REPAYMENT ASSISTANCE PROGRAM OF MINNESOTA INC

MINNEAPOLIS, MN, US
501(c)(3)
EIN
41-1694745

LOAN REPAYMENT ASSISTANCE PROGRAM OF MINNESOTA INC

MINNEAPOLIS, MN, US
501(c)(3)
EIN
41-1694745

Balance Sheet

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

$854,302

Investments
45%
Cash & Equivalents
45%
Receivables (Non-Related)
10%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$6,417

Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$395,454
$381,308
-4%
Receivables (Non-Related)
-
$88,127
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$173
-
-
Investments
$372,469
$384,867
+3%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$768,096
$854,302
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$6,251
$6,417
+3%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$12,960
-
-
Total Liabilities
$19,211
$6,417
-67%
Net assets
2023
2024
Change
Restricted Net Assets
$291,852
$399,309
+37%
Unrestricted Net Assets
$457,033
$448,576
-2%
Net assets
2023
2024
Change
Net assets
+$748,885
+$847,885
+13%
Balance Sheet
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