ASIAN ECONOMIC DEVELOPMENT ASSOCIATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,297,210
Cash & Equivalents
62%
Receivables (Non-Related)
34%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$200,704
Payables & Accruals
66%
Notes Payable / Debt (Non-Related)
34%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,586,814
$1,417,935
-11%
Receivables (Non-Related)
$810,225
$781,360
-4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$10,060
$2,697
-73%
Investments
-
-
-
Property, Plant, & Equipment (net)
$44,325
$95,218
+115%
Other Assets
-
-
-
Total Assets
$2,451,424
$2,297,210
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$47,850
$133,044
+178%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$100,000
$67,660
-32%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$147,850
$200,704
+36%
Net assets
2023
2024
Change
Restricted Net Assets
$1,058,151
$1,070,833
+1%
Unrestricted Net Assets
$1,245,423
$1,025,673
-18%
Net assets
2023
2024
Change
Net assets
+$2,303,574
+$2,096,506
-9%
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