FAIRVOTE MINNESOTA FOUNDATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$270,051
Other Assets
71%
Cash & Equivalents
28%
Prepaid Expenses
<1%
Inventories
<1%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$199,528
Notes Payable / Debt (Non-Related)
75%
Payables & Accruals
15%
Other Liabilities
7%
Related-Party Payables
3%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$16,495
$75,149
+356%
Receivables (Non-Related)
$0
-
-
Related-Party Receivables
-
-
-
Inventories
$245
$245
+0%
Prepaid Expenses
$4,659
$2,454
-47%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,305
$195
-85%
Other Assets
$413,080
$192,008
-54%
Total Assets
$435,784
$270,051
-38%
Liabilities
2023
2024
Change
Payables & Accruals
$113,810
$29,782
-74%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$150,000
$150,000
+0%
Related-Party Payables
-
$5,000
-
Other Liabilities
$0
$14,746
-
Total Liabilities
$263,810
$199,528
-24%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$99,954
-
Unrestricted Net Assets
$171,974
-$29,431
-117%
Net assets
2023
2024
Change
Net assets
+$171,974
+$70,523
-59%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)