ROCKET GIVING FUND

ROCKET GIVING FUND

Detroit, MI, US
501(c)3
EIN
83-0873868
Fund Raising & Fund Distribution
Regional Funder

ROCKET GIVING FUND

Detroit, MI, US
501(c)3
EIN
83-0873868
Fund Raising & Fund Distribution
Regional Funder

Balance Sheet

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

$2,875,798

Receivables (Non-Related)
62%
Cash & Equivalents
24%
Property, Plant, & Equipment (net)
11%
Inventories
1%
Prepaid Expenses
1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$3,703,219

Payables & Accruals
83%
Deferred Revenue
17%
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
$210,820
$703,958
+234%
Receivables (Non-Related)
$2,345,299
$1,774,963
-24%
Related-Party Receivables
-
-
-
Inventories
$76,521
$41,033
-46%
Prepaid Expenses
$41,311
$29,422
-29%
Investments
-
-
-
Property, Plant, & Equipment (net)
$409,490
$326,422
-20%
Other Assets
-
-
-
Total Assets
$3,083,441
$2,875,798
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$2,958,056
$3,090,216
+4%
Grants Payable
$726,936
$0
-100%
Deferred Revenue
$493,657
$613,003
+24%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$4,178,649
$3,703,219
-11%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$1,095,208
-$827,421
+24%
Net assets
2023
2024
Change
Net assets
-$1,095,208
-$827,421
+24%
Balance Sheet
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