MINNESOTA FREEDOM FUND
MINNESOTA FREEDOM FUND
MINNESOTA FREEDOM FUND
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$15,613,130
Investments
59%
Other Assets
35%
Cash & Equivalents
5%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$615,103
Grants Payable
49%
Other Liabilities
26%
Payables & Accruals
25%
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
$786,938
$736,294
-6%
Receivables (Non-Related)
$13,642
$159
-99%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$90,219
$73,095
-19%
Investments
$11,780,623
$9,187,271
-22%
Property, Plant, & Equipment (net)
$170,002
$122,925
-28%
Other Assets
$5,507,766
$5,493,386
0%
Total Assets
$18,349,190
$15,613,130
-15%
Liabilities
2023
2024
Change
Payables & Accruals
$135,766
$152,589
+12%
Grants Payable
$250,000
$300,000
+20%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$90,159
$162,514
+80%
Total Liabilities
$475,925
$615,103
+29%
Net assets
2023
2024
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$17,873,265
$14,998,027
-16%
Net assets
2023
2024
Change
Net assets
+$17,873,265
+$14,998,027
-16%
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