THE ABANA FOUNDATION INC

THE ABANA FOUNDATION INC

New York, NY, US
501(c)3
EIN
57-1147865
Fund Raising & Fund Distribution

THE ABANA FOUNDATION INC

New York, NY, US
501(c)3
EIN
57-1147865
Fund Raising & Fund Distribution

Balance Sheet

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

$1,385,635

Investments
95%
Cash & Equivalents
4%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$56,401

Other Liabilities
89%
Payables & Accruals
11%
Grants Payable
0%
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
$9,636
$50,000
+419%
Receivables (Non-Related)
$0
$8,000
-
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$1,105,757
$1,315,961
+19%
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$15,471
$11,674
-25%
Total Assets
$1,130,864
$1,385,635
+23%
Liabilities
2023
2024
Change
Payables & Accruals
$5,510
$6,000
+9%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$12,422
$50,401
+306%
Total Liabilities
$17,932
$56,401
+215%
Net assets
2023
2024
Change
Restricted Net Assets
$690,750
$615,750
-11%
Unrestricted Net Assets
$422,182
$713,484
+69%
Net assets
2023
2024
Change
Net assets
+$1,112,932
+$1,329,234
+19%
Balance Sheet
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