Logo for "NATIONAL FOUNDATION FOR CREDIT COUNSELING INC"

NATIONAL FOUNDATION FOR CREDIT COUNSELING INC

NATIONAL FOUNDATION FOR CREDIT COUNSELING INC

Washington, DC, US
501(c)3
EIN
53-0132493
Parent Organization
Logo for "NATIONAL FOUNDATION FOR CREDIT COUNSELING INC"

NATIONAL FOUNDATION FOR CREDIT COUNSELING INC

Washington, DC, US
501(c)3
EIN
53-0132493
Parent Organization

Balance Sheet

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

$6,325,266

Investments
49%
Other Assets
21%
Cash & Equivalents
13%
Receivables (Non-Related)
12%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$2,578,581

Other Liabilities
63%
Payables & Accruals
20%
Grants Payable
17%
Deferred Revenue
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
$638,488
$796,146
+25%
Receivables (Non-Related)
$1,269,093
$770,653
-39%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$95,750
$142,858
+49%
Investments
$3,799,578
$3,098,125
-18%
Property, Plant, & Equipment (net)
$255,065
$168,951
-34%
Other Assets
$1,631,075
$1,348,533
-17%
Total Assets
$7,689,049
$6,325,266
-18%
Liabilities
2023
2024
Change
Payables & Accruals
$577,549
$522,906
-9%
Grants Payable
$1,119,761
$431,026
-62%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,908,846
$1,624,649
-15%
Total Liabilities
$3,606,156
$2,578,581
-28%
Net assets
2023
2024
Change
Restricted Net Assets
$2,387,754
$1,866,802
-22%
Unrestricted Net Assets
$1,695,139
$1,879,883
+11%
Net assets
2023
2024
Change
Net assets
+$4,082,893
+$3,746,685
-8%
Balance Sheet
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