FOUNDATION FOR NATIONAL PROGRESS
FOUNDATION FOR NATIONAL PROGRESS
FOUNDATION FOR NATIONAL PROGRESS
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$14,159,230
Investments
50%
Other Assets
28%
Cash & Equivalents
14%
Receivables (Non-Related)
4%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$10,812,565
Other Liabilities
51%
Payables & Accruals
30%
Deferred Revenue
14%
Notes Payable / Debt (Non-Related)
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,148,927
$2,009,967
-6%
Receivables (Non-Related)
$484,430
$621,001
+28%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$390,624
$319,551
-18%
Investments
$6,023,005
$7,021,100
+17%
Property, Plant, & Equipment (net)
$222,453
$231,416
+4%
Other Assets
$4,096,495
$3,956,195
-3%
Total Assets
$13,365,934
$14,159,230
+6%
Liabilities
2024
2025
Change
Payables & Accruals
$2,962,399
$3,263,122
+10%
Grants Payable
-
-
-
Deferred Revenue
$1,219,442
$1,509,813
+24%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$481,058
$471,685
-2%
Related-Party Payables
-
-
-
Other Liabilities
$5,741,324
$5,567,945
-3%
Total Liabilities
$10,404,223
$10,812,565
+4%
Net assets
2024
2025
Change
Restricted Net Assets
$7,244,954
$6,777,673
-6%
Unrestricted Net Assets
-$4,283,243
-$3,431,008
+20%
Net assets
2024
2025
Change
Net assets
+$2,961,711
+$3,346,665
+13%
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