FOUNDATION FOR GOVERNMENT ACCOUNTABILITY INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$16,886,683
Investments
70%
Cash & Equivalents
27%
Other Assets
2%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$362,146
Payables & Accruals
86%
Other Liabilities
14%
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
$2,721,192
$4,614,437
+70%
Receivables (Non-Related)
$357,000
$38,300
-89%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$70,924
$145,572
+105%
Investments
$11,239,826
$11,812,842
+5%
Property, Plant, & Equipment (net)
$32,149
$22,103
-31%
Other Assets
$659,742
$253,429
-62%
Total Assets
$15,080,833
$16,886,683
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$452,664
$310,645
-31%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$276,839
$51,501
-81%
Total Liabilities
$729,503
$362,146
-50%
Net assets
2023
2024
Change
Restricted Net Assets
$660,000
$730,000
+11%
Unrestricted Net Assets
$13,691,330
$15,794,537
+15%
Net assets
2023
2024
Change
Net assets
+$14,351,330
+$16,524,537
+15%
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