ARMENIAN ASSEMBLY OF AMERICA INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$16,830,595
Investments
78%
Property, Plant, & Equipment (net)
15%
Cash & Equivalents
7%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,492,513
Notes Payable / Debt (Non-Related)
62%
Payables & Accruals
36%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,346,456
$1,204,195
-11%
Receivables (Non-Related)
$72,752
$29,525
-59%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$10,688
$23,169
+117%
Investments
$12,777,112
$13,067,868
+2%
Property, Plant, & Equipment (net)
$2,601,220
$2,505,838
-4%
Other Assets
-
-
-
Total Assets
$16,808,228
$16,830,595
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$813,437
$891,114
+10%
Grants Payable
-
-
-
Deferred Revenue
-
$47,573
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,294,160
$1,553,826
-32%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,107,597
$2,492,513
-20%
Net assets
2023
2024
Change
Restricted Net Assets
$16,619,845
$16,619,845
+0%
Unrestricted Net Assets
-$2,919,214
-$2,281,763
+22%
Net assets
2023
2024
Change
Net assets
+$13,700,631
+$14,338,082
+5%
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