THE GOOD NATION FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,958,917
Cash & Equivalents
>99%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$182,247
Other Liabilities
82%
Payables & Accruals
18%
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
$1,012,331
$6,929,369
+584%
Receivables (Non-Related)
$164,069
$15,220
-91%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$837,727
$14,327
-98%
Investments
-
$0
-
Property, Plant, & Equipment (net)
-
$0
-
Other Assets
-$525
$1
-100%
Total Assets
$2,013,602
$6,958,917
+246%
Liabilities
2023
2024
Change
Payables & Accruals
$63,644
$32,382
-49%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$10,948
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$149,865
-
Total Liabilities
$74,592
$182,247
+144%
Net assets
2023
2024
Change
Restricted Net Assets
$1,732,116
$6,326,825
+265%
Unrestricted Net Assets
$206,894
$449,845
+117%
Net assets
2023
2024
Change
Net assets
+$1,939,010
+$6,776,670
+249%
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