THE HONOR FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,800,740
Investments
78%
Cash & Equivalents
14%
Receivables (Non-Related)
5%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$177,945
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
$2,191,619
$981,836
-55%
Receivables (Non-Related)
$378,447
$362,860
-4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$118,790
$120,922
+2%
Investments
$2,946,874
$5,319,249
+81%
Property, Plant, & Equipment (net)
$21,173
$15,873
-25%
Other Assets
-
-
-
Total Assets
$5,656,903
$6,800,740
+20%
Liabilities
2023
2024
Change
Payables & Accruals
$154,592
$177,945
+15%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$154,592
$177,945
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$966,966
$505,262
-48%
Unrestricted Net Assets
$4,535,345
$6,117,533
+35%
Net assets
2023
2024
Change
Net assets
+$5,502,311
+$6,622,795
+20%
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