FOSTERING SUCCESS ACT INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$16,054,338
Cash & Equivalents
>99%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$561,939
Custodial & Escrow Liabilities
>99%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$9,632,112
$16,054,338
+67%
Receivables (Non-Related)
$835,148
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$10,467,260
$16,054,338
+53%
Liabilities
2023
2024
Change
Payables & Accruals
$1,819
$2,678
+47%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
$559,261
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,819
$561,939
+30793%
Net assets
2023
2024
Change
Restricted Net Assets
$1,844,170
$11,730,688
+536%
Unrestricted Net Assets
$8,621,271
$3,761,711
-56%
Net assets
2023
2024
Change
Net assets
+$10,465,441
+$15,492,399
+48%
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