INTERNEWS NETWORK
INTERNEWS NETWORK
INTERNEWS NETWORK
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$37,664,556
Cash & Equivalents
60%
Other Assets
16%
Receivables (Non-Related)
12%
Prepaid Expenses
6%
Investments
6%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$29,644,746
Deferred Revenue
44%
Payables & Accruals
25%
Other Liabilities
21%
Grants Payable
10%
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
$14,070,399
$22,486,137
+60%
Receivables (Non-Related)
$8,176,745
$4,405,425
-46%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,376,101
$2,310,790
-3%
Investments
$1,821,506
$2,193,479
+20%
Property, Plant, & Equipment (net)
$182,854
$307,568
+68%
Other Assets
$6,205,286
$5,961,157
-4%
Total Assets
$32,832,891
$37,664,556
+15%
Liabilities
2023
2024
Change
Payables & Accruals
$7,503,554
$7,409,751
-1%
Grants Payable
$1,830,252
$3,019,280
+65%
Deferred Revenue
$8,212,341
$13,074,887
+59%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$6,951,234
$6,140,828
-12%
Total Liabilities
$24,497,381
$29,644,746
+21%
Net assets
2023
2024
Change
Restricted Net Assets
$2,848,721
$2,419,992
-15%
Unrestricted Net Assets
$5,486,789
$5,599,818
+2%
Net assets
2023
2024
Change
Net assets
+$8,335,510
+$8,019,810
-4%
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