RURAL ADVANCEMENT FOUNDATION INTERNATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,051,492
Cash & Equivalents
50%
Receivables (Non-Related)
33%
Property, Plant, & Equipment (net)
14%
Prepaid Expenses
2%
Other Assets
<1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$527,621
Payables & Accruals
64%
Notes Payable / Debt (Non-Related)
31%
Other Liabilities
3%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,784,288
$2,029,277
+14%
Receivables (Non-Related)
$1,784,058
$1,340,170
-25%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$90,762
$72,017
-21%
Investments
$30,516
$7
-100%
Property, Plant, & Equipment (net)
$595,632
$580,324
-3%
Other Assets
$19,020
$29,697
+56%
Total Assets
$4,304,276
$4,051,492
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$243,198
$339,583
+40%
Grants Payable
-
-
-
Deferred Revenue
$35,000
$8,796
-75%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$107,391
$165,837
+54%
Related-Party Payables
-
-
-
Other Liabilities
$1,670
$13,405
+703%
Total Liabilities
$387,259
$527,621
+36%
Net assets
2023
2024
Change
Restricted Net Assets
$2,022,732
$1,517,943
-25%
Unrestricted Net Assets
$1,894,285
$2,005,928
+6%
Net assets
2023
2024
Change
Net assets
+$3,917,017
+$3,523,871
-10%
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