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ANNE ARUNDEL ECONOMIC DEVELOPMENT CORPORATION

ANNE ARUNDEL ECONOMIC DEVELOPMENT CORPORATION

ANNAPOLIS, MD, US
501(c)(3)
EIN
52-1810772
Regional Funder
funder logo

ANNE ARUNDEL ECONOMIC DEVELOPMENT CORPORATION

ANNAPOLIS, MD, US
501(c)(3)
EIN
52-1810772
Regional Funder

Balance Sheet

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

$10,217,914

Cash & Equivalents
63%
Other Assets
17%
Receivables (Non-Related)
16%
Property, Plant, & Equipment (net)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$8,885,666

Other Liabilities
74%
Deferred Revenue
23%
Payables & Accruals
3%
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
$6,482,636
$6,473,746
0%
Receivables (Non-Related)
$1,259,166
$1,682,589
+34%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$9,987
$37,018
+271%
Investments
-
-
-
Property, Plant, & Equipment (net)
$199,241
$247,575
+24%
Other Assets
$2,671,143
$1,776,986
-33%
Total Assets
$10,622,173
$10,217,914
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$448,758
$281,487
-37%
Grants Payable
-
-
-
Deferred Revenue
$1,494,591
$2,059,647
+38%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$6,679,848
$6,544,532
-2%
Total Liabilities
$8,623,197
$8,885,666
+3%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$1,998,976
+$1,332,248
-33%
Balance Sheet
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