X PRIZE FOUNDATION INC

Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$146,450,974
Investments
55%
Cash & Equivalents
45%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$116,001,952
Other Liabilities
84%
Deferred Revenue
14%
Payables & Accruals
2%
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
$41,570,122
$65,437,294
+57%
Receivables (Non-Related)
$928,212
$773,108
-17%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$96,774
$149,607
+55%
Investments
$108,912,629
$79,981,250
-27%
Property, Plant, & Equipment (net)
$115,931
$91,786
-21%
Other Assets
$17,929
$17,929
+0%
Total Assets
$151,641,597
$146,450,974
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$2,096,167
$2,407,811
+15%
Grants Payable
-
-
-
Deferred Revenue
$25,542,301
$16,431,839
-36%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$92,995,228
$97,162,302
+4%
Total Liabilities
$120,633,696
$116,001,952
-4%
Net assets
2023
2024
Change
Restricted Net Assets
$14,758,901
$12,818,022
-13%
Unrestricted Net Assets
$16,249,000
$17,631,000
+9%
Net assets
2023
2024
Change
Net assets
+$31,007,901
+$30,449,022
-2%
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