INTERNATIONAL REFUGEE ASSISTANCE PROJECT INC
Balance Sheet
Fiscal Year Start:
Sep 1
Assets in 2024 (Year End)
$70,353,742
Cash & Equivalents
53%
Receivables (Non-Related)
35%
Other Assets
11%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$11,027,960
Other Liabilities
77%
Payables & Accruals
23%
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
$42,354,697
$37,009,071
-13%
Receivables (Non-Related)
$23,812,367
$24,652,813
+4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$535,420
$438,217
-18%
Investments
-
-
-
Property, Plant, & Equipment (net)
$483,637
$368,312
-24%
Other Assets
$2,011,660
$7,885,329
+292%
Total Assets
$69,197,781
$70,353,742
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$2,158,058
$2,503,632
+16%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,129,807
$8,524,328
+300%
Total Liabilities
$4,287,865
$11,027,960
+157%
Net assets
2023
2024
Change
Restricted Net Assets
$50,355,567
$42,780,000
-15%
Unrestricted Net Assets
$14,554,349
$16,545,782
+14%
Net assets
2023
2024
Change
Net assets
+$64,909,916
+$59,325,782
-9%
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