AMERICAN COUNCIL OF THE BLIND INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,331,309
Investments
70%
Other Assets
25%
Cash & Equivalents
3%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$1,886,673
Other Liabilities
83%
Payables & Accruals
14%
Deferred Revenue
3%
Grants Payable
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
$105,795
$193,876
+83%
Receivables (Non-Related)
$29,431
$31,426
+7%
Related-Party Receivables
-
-
-
Inventories
$21,857
$18,770
-14%
Prepaid Expenses
$45,725
$54,163
+18%
Investments
$4,400,020
$4,420,869
+0%
Property, Plant, & Equipment (net)
$33,784
$39,553
+17%
Other Assets
$586,013
$1,572,652
+168%
Total Assets
$5,222,625
$6,331,309
+21%
Liabilities
2023
2024
Change
Payables & Accruals
$209,341
$272,377
+30%
Grants Payable
-
-
-
Deferred Revenue
$32,000
$49,700
+55%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$395,976
$1,564,596
+295%
Total Liabilities
$637,317
$1,886,673
+196%
Net assets
2023
2024
Change
Restricted Net Assets
$1,353,608
$1,431,485
+6%
Unrestricted Net Assets
$3,231,700
$3,013,151
-7%
Net assets
2023
2024
Change
Net assets
+$4,585,308
+$4,444,636
-3%
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