SEWARD ASSOCIATION FOR THE ADVANCEMENT OF MARINE SCIENCE

SEWARD ASSOCIATION FOR THE ADVANCEMENT OF MARINE SCIENCE

Seward, AK, US
501(c)3
EIN
92-0132479

SEWARD ASSOCIATION FOR THE ADVANCEMENT OF MARINE SCIENCE

Seward, AK, US
501(c)3
EIN
92-0132479

Balance Sheet

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

$38,192,172

Property, Plant, & Equipment (net)
81%
Cash & Equivalents
11%
Receivables (Non-Related)
6%
Other Assets
2%
Inventories
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)

$2,974,754

Payables & Accruals
66%
Deferred Revenue
24%
Other Liabilities
10%
Grants Payable
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
$5,573,227
$4,157,049
-25%
Receivables (Non-Related)
$1,009,293
$2,133,937
+111%
Related-Party Receivables
-
-
-
Inventories
$116,166
$128,149
+10%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$32,169,575
$31,079,785
-3%
Other Assets
$622,363
$693,252
+11%
Total Assets
$39,490,624
$38,192,172
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$1,701,814
$1,951,954
+15%
Grants Payable
-
-
-
Deferred Revenue
$818,446
$713,694
-13%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$309,106
$309,106
+0%
Total Liabilities
$2,829,366
$2,974,754
+5%
Net assets
2023
2024
Change
Restricted Net Assets
$24,666,558
$23,612,459
-4%
Unrestricted Net Assets
$11,994,700
$11,604,959
-3%
Net assets
2023
2024
Change
Net assets
+$36,661,258
+$35,217,418
-4%
Balance Sheet
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