Logo for "AMERICAN PROMISE INC"

AMERICAN PROMISE INC
Pub 78

AMERICAN PROMISE INC
Pub 78

Concord, MA, US
501(c)(4)
EIN
47-4608840
Logo for "AMERICAN PROMISE INC"

AMERICAN PROMISE INC
Pub 78

Concord, MA, US
501(c)(4)
EIN
47-4608840

Balance Sheet

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

$3,796,755

Cash & Equivalents
65%
Other Assets
25%
Receivables (Non-Related)
10%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$164,230

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
$1,738,471
$2,480,136
+43%
Receivables (Non-Related)
$1,318,404
$371,898
-72%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$15,333
$3,013
-80%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$425,306
$941,708
+121%
Total Assets
$3,497,514
$3,796,755
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$132,812
$164,230
+24%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$132,812
$164,230
+24%
Net assets
2023
2024
Change
Restricted Net Assets
$1,361,480
$371,897
-73%
Unrestricted Net Assets
$2,003,222
$3,260,628
+63%
Net assets
2023
2024
Change
Net assets
+$3,364,702
+$3,632,525
+8%
Balance Sheet
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