Friends of Forman Christian College Inc
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$5,606,622
Cash & Equivalents
64%
Investments
28%
Receivables (Non-Related)
7%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2025 (Year End)
$2,240,204
Custodial & Escrow Liabilities
81%
Grants Payable
18%
Other Liabilities
1%
Payables & Accruals
<1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$4,318,790
$3,599,463
-17%
Receivables (Non-Related)
$160,000
$405,708
+154%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$5,995
$3,995
-33%
Investments
$1,337,197
$1,574,934
+18%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
$22,522
-
Total Assets
$5,821,982
$5,606,622
-4%
Liabilities
2024
2025
Change
Payables & Accruals
$30,821
$11,998
-61%
Grants Payable
$527,848
$398,316
-25%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$2,392,370
$1,807,368
-24%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$22,522
-
Total Liabilities
$2,951,039
$2,240,204
-24%
Net assets
2024
2025
Change
Restricted Net Assets
$1,497,197
$1,966,553
+31%
Unrestricted Net Assets
$1,373,746
$1,399,865
+2%
Net assets
2024
2025
Change
Net assets
+$2,870,943
+$3,366,418
+17%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)