NEW FLORIDA MAJORITY EDUCATION FUND INC

NEW FLORIDA MAJORITY EDUCATION FUND INC

Miami, FL, US
501(c)3
EIN
45-3956785

NEW FLORIDA MAJORITY EDUCATION FUND INC

Miami, FL, US
501(c)3
EIN
45-3956785

Balance Sheet

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

$16,923,627

Cash & Equivalents
80%
Receivables (Non-Related)
20%
Other Assets
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)

$2,571,803

Other Liabilities
98%
Payables & Accruals
2%
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
$13,859,763
$13,514,835
-2%
Receivables (Non-Related)
$7,923,730
$3,405,782
-57%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,875
$1,420
-71%
Other Assets
$1,791
$1,590
-11%
Total Assets
$21,790,159
$16,923,627
-22%
Liabilities
2023
2024
Change
Payables & Accruals
$671,643
$46,053
-93%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,512,937
$2,525,750
-28%
Total Liabilities
$4,184,580
$2,571,803
-39%
Net assets
2023
2024
Change
Restricted Net Assets
$6,940,558
$4,231,162
-39%
Unrestricted Net Assets
$10,665,021
$10,120,662
-5%
Net assets
2023
2024
Change
Net assets
+$17,605,579
+$14,351,824
-18%
Balance Sheet
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