INTERNATIONAL FOUNDATION FOR ELECTORAL SYSTEMS
INTERNATIONAL FOUNDATION FOR ELECTORAL SYSTEMS
INTERNATIONAL FOUNDATION FOR ELECTORAL SYSTEMS
Balance Sheet
Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$36,973,507
Cash & Equivalents
40%
Other Assets
32%
Receivables (Non-Related)
20%
Property, Plant, & Equipment (net)
5%
Prepaid Expenses
3%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$33,203,160
Other Liabilities
39%
Deferred Revenue
35%
Payables & Accruals
26%
Grants Payable
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
$16,407,400
$14,653,882
-11%
Receivables (Non-Related)
$4,628,220
$7,472,247
+61%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$971,617
$1,184,842
+22%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,274,505
$1,873,008
-18%
Other Assets
$12,941,272
$11,789,528
-9%
Total Assets
$37,223,014
$36,973,507
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$7,692,191
$8,717,631
+13%
Grants Payable
-
-
-
Deferred Revenue
$11,108,233
$11,574,696
+4%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$14,813,399
$12,910,833
-13%
Total Liabilities
$33,613,823
$33,203,160
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$427,323
$415,846
-3%
Unrestricted Net Assets
$3,181,868
$3,354,501
+5%
Net assets
2023
2024
Change
Net assets
+$3,609,191
+$3,770,347
+4%
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