ARMENIA FUND INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$49,154,835
Investments
91%
Cash & Equivalents
9%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$18,780
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,551,310
$4,374,751
+182%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$43,250,980
$44,739,154
+3%
Property, Plant, & Equipment (net)
$0
$32,423
-
Other Assets
-
$8,507
-
Total Assets
$44,802,290
$49,154,835
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$78,788
$18,780
-76%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$78,788
$18,780
-76%
Net assets
2023
2024
Change
Restricted Net Assets
$317,701
$81,801
-74%
Unrestricted Net Assets
$44,405,801
$49,054,254
+10%
Net assets
2023
2024
Change
Net assets
+$44,723,502
+$49,136,055
+10%
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