OPEN MARKETS INSTITUTE
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,183,958
Cash & Equivalents
85%
Receivables (Non-Related)
15%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$337,667
Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,411,232
$1,857,341
+32%
Receivables (Non-Related)
$1,613,029
$318,057
-80%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$24,748
$3,114
-87%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,048
$5,446
-10%
Other Assets
$0
-
-
Total Assets
$3,055,057
$2,183,958
-29%
Liabilities
2023
2024
Change
Payables & Accruals
$179,485
$337,667
+88%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$179,485
$337,667
+88%
Net assets
2023
2024
Change
Restricted Net Assets
$239,026
$448,033
+87%
Unrestricted Net Assets
$2,636,546
$1,398,258
-47%
Net assets
2023
2024
Change
Net assets
+$2,875,572
+$1,846,291
-36%
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