Metropolitan Inter-Faith Association
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$33,758,232
Investments
54%
Cash & Equivalents
34%
Receivables (Non-Related)
7%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,342,330
Deferred Revenue
67%
Payables & Accruals
33%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$12,211,140
$11,561,425
-5%
Receivables (Non-Related)
$1,800,504
$2,440,339
+36%
Related-Party Receivables
-
$0
-
Inventories
-
-
-
Prepaid Expenses
$1,275
$1,509
+18%
Investments
$17,388,307
$18,242,295
+5%
Property, Plant, & Equipment (net)
$1,061,572
$1,512,664
+42%
Other Assets
-
$0
-
Total Assets
$32,462,798
$33,758,232
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$702,176
$783,474
+12%
Grants Payable
-
-
-
Deferred Revenue
$2,814,532
$1,558,856
-45%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
$0
-
Other Liabilities
-
$0
-
Total Liabilities
$3,516,708
$2,342,330
-33%
Net assets
2023
2024
Change
Restricted Net Assets
$11,761,148
$11,762,119
+0%
Unrestricted Net Assets
$17,184,942
$19,653,783
+14%
Net assets
2023
2024
Change
Net assets
+$28,946,090
+$31,415,902
+9%
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