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THE PHILADELPHIA POVERTY ACTION FUND

THE PHILADELPHIA POVERTY ACTION FUND

Philadelphia, PA, US
501(c)(3)
EIN
87-2442054
Fund Raising & Fund Distribution
Regional Funder
funder logo

THE PHILADELPHIA POVERTY ACTION FUND

Philadelphia, PA, US
501(c)(3)
EIN
87-2442054
Fund Raising & Fund Distribution
Regional Funder

Balance Sheet

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

$6,997,569

Cash & Equivalents
>99%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$2,371,114

Grants Payable
75%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,630,092
$6,977,419
-9%
Receivables (Non-Related)
$322,100
$20,150
-94%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$101,667
$0
-100%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$109,895
$0
-100%
Total Assets
$8,163,754
$6,997,569
-14%
Liabilities
2023
2024
Change
Payables & Accruals
$0
$603,363
-
Grants Payable
$1,577,087
$1,767,751
+12%
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$1,577,087
$2,371,114
+50%
Net assets
2023
2024
Change
Restricted Net Assets
$6,060,386
$2,481,141
-59%
Unrestricted Net Assets
$526,281
$2,145,314
+308%
Net assets
2023
2024
Change
Net assets
+$6,586,667
+$4,626,455
-30%
Balance Sheet
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