AFRICAN COMMUNITIES TOGETHER INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,511,305
Receivables (Non-Related)
60%
Cash & Equivalents
26%
Other Assets
10%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$987,388
Payables & Accruals
52%
Other Liabilities
48%
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
$3,328,552
$1,193,468
-64%
Receivables (Non-Related)
$1,550,299
$2,704,115
+74%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$46,222
$17,640
-62%
Investments
-
-
-
Property, Plant, & Equipment (net)
$127,326
$125,016
-2%
Other Assets
$550,520
$471,066
-14%
Total Assets
$5,602,919
$4,511,305
-19%
Liabilities
2023
2024
Change
Payables & Accruals
$443,729
$514,806
+16%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$534,381
$472,582
-12%
Total Liabilities
$978,110
$987,388
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$1,283,120
$2,221,632
+73%
Unrestricted Net Assets
$3,341,689
$1,302,285
-61%
Net assets
2023
2024
Change
Net assets
+$4,624,809
+$3,523,917
-24%
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