NORWEGIAN REFUGEE COUNCIL USA
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,689,684
Cash & Equivalents
90%
Other Assets
9%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$1,657,939
Other Liabilities
>99%
Payables & Accruals
<1%
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
$3,979,170
$5,124,011
+29%
Receivables (Non-Related)
$100
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$25,177
$25,299
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$1,851,876
$540,374
-71%
Total Assets
$5,856,323
$5,689,684
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$15,568
$8,253
-47%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$675,568
$1,649,686
+144%
Total Liabilities
$691,136
$1,657,939
+140%
Net assets
2023
2024
Change
Restricted Net Assets
$5,165,187
$4,031,745
-22%
Unrestricted Net Assets
-
-
-
Net assets
2023
2024
Change
Net assets
+$5,165,187
+$4,031,745
-22%
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