KOREAN AMERICAN FAMILY SERVICES INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$7,752,841
Cash & Equivalents
72%
Receivables (Non-Related)
16%
Other Assets
8%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,244,929
Other Liabilities
53%
Payables & Accruals
35%
Notes Payable / Debt (Non-Related)
12%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,104,068
$5,564,860
+79%
Receivables (Non-Related)
$1,011,530
$1,274,871
+26%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$10,781
$13,290
+23%
Investments
-
-
-
Property, Plant, & Equipment (net)
$286,119
$257,446
-10%
Other Assets
$845,301
$642,374
-24%
Total Assets
$5,257,799
$7,752,841
+47%
Liabilities
2023
2024
Change
Payables & Accruals
$482,512
$432,939
-10%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$150,000
$150,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$857,195
$661,990
-23%
Total Liabilities
$1,489,707
$1,244,929
-16%
Net assets
2023
2024
Change
Restricted Net Assets
$130,264
$0
-100%
Unrestricted Net Assets
$3,637,828
$6,507,912
+79%
Net assets
2023
2024
Change
Net assets
+$3,768,092
+$6,507,912
+73%
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