FRIEDREICH'S ATAXIA RESEARCH ALLIANCE
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,946,549
Cash & Equivalents
58%
Investments
31%
Receivables (Non-Related)
10%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$676,182
Payables & Accruals
91%
Other Liabilities
7%
Deferred Revenue
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
$4,957,111
$3,996,183
-19%
Receivables (Non-Related)
$766,590
$693,221
-10%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$49,155
$67,503
+37%
Investments
$1,875,624
$2,143,238
+14%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$103,796
$46,404
-55%
Total Assets
$7,752,276
$6,946,549
-10%
Liabilities
2023
2024
Change
Payables & Accruals
$1,489,034
$615,612
-59%
Grants Payable
-
-
-
Deferred Revenue
$4,567
$10,630
+133%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$112,047
$49,940
-55%
Total Liabilities
$1,605,648
$676,182
-58%
Net assets
2023
2024
Change
Restricted Net Assets
$963,779
$2,350,400
+144%
Unrestricted Net Assets
$5,182,849
$3,919,967
-24%
Net assets
2023
2024
Change
Net assets
+$6,146,628
+$6,270,367
+2%
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