THE COMMIT FOUNDATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$660,099
Cash & Equivalents
49%
Receivables (Non-Related)
43%
Prepaid Expenses
3%
Investments
3%
Other Assets
2%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$74,899
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
$592,661
$321,573
-46%
Receivables (Non-Related)
$251,507
$286,158
+14%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$9,436
$19,309
+105%
Investments
$15,746
$17,454
+11%
Property, Plant, & Equipment (net)
$3,375
$464
-86%
Other Assets
$111,377
$15,141
-86%
Total Assets
$984,102
$660,099
-33%
Liabilities
2023
2024
Change
Payables & Accruals
$140,342
$74,899
-47%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$140,342
$74,899
-47%
Net assets
2023
2024
Change
Restricted Net Assets
$487,793
$874,547
+79%
Unrestricted Net Assets
$355,967
-$289,347
-181%
Net assets
2023
2024
Change
Net assets
+$843,760
+$585,200
-31%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)