AMERICAN COUNCIL ON RENEWABLE ENERGY
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,086,826
Cash & Equivalents
64%
Receivables (Non-Related)
16%
Other Assets
13%
Prepaid Expenses
5%
Property, Plant, & Equipment (net)
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,255,707
Deferred Revenue
64%
Other Liabilities
18%
Payables & Accruals
14%
Grants Payable
5%
Notes Payable / Debt (Non-Related)
<1%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,027,624
$3,270,258
+8%
Receivables (Non-Related)
$1,014,600
$829,000
-18%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$174,455
$271,686
+56%
Investments
-
-
-
Property, Plant, & Equipment (net)
$84,463
$59,798
-29%
Other Assets
$913,784
$656,084
-28%
Total Assets
$5,214,926
$5,086,826
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$311,915
$579,552
+86%
Grants Payable
$1,633,000
$193,000
-88%
Deferred Revenue
$1,528,479
$2,706,954
+77%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$38,357
$7,661
-80%
Related-Party Payables
-
-
-
Other Liabilities
$985,061
$768,540
-22%
Total Liabilities
$4,496,812
$4,255,707
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$1,930,786
$1,213,896
-37%
Unrestricted Net Assets
-$1,212,672
-$382,777
+68%
Net assets
2023
2024
Change
Net assets
+$718,114
+$831,119
+16%
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