funder logo

AMERICAN FRIENDS OF THE OCEAN CLEANUP FOUNDATION

AMERICAN FRIENDS OF THE OCEAN CLEANUP FOUNDATION

New York, NY, US
501(c)(3)
EIN
81-5132355
funder logo

AMERICAN FRIENDS OF THE OCEAN CLEANUP FOUNDATION

New York, NY, US
501(c)(3)
EIN
81-5132355

Balance Sheet

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

$20,206,628

Cash & Equivalents
94%
Receivables (Non-Related)
6%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)

$16,622,930

Deferred Revenue
>99%
Payables & Accruals
<1%
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
$20,340,393
$18,933,649
-7%
Receivables (Non-Related)
$316,677
$1,263,725
+299%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$16,308
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
$9,254
-
Total Assets
$20,673,378
$20,206,628
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$67,449
$3,930
-94%
Grants Payable
-
-
-
Deferred Revenue
$11,804,024
$16,619,000
+41%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$11,871,473
$16,622,930
+40%
Net assets
2023
2024
Change
Restricted Net Assets
$149,243
$1,200,000
+704%
Unrestricted Net Assets
$8,652,662
$2,383,698
-72%
Net assets
2023
2024
Change
Net assets
+$8,801,905
+$3,583,698
-59%
Balance Sheet
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