TOWER CANCER RESEARCH FOUNDATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,237,640
Investments
61%
Cash & Equivalents
19%
Other Assets
10%
Receivables (Non-Related)
6%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$2,031,926
Other Liabilities
95%
Payables & Accruals
5%
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%
Assets
2023
2024
Change
Cash & Equivalents
$415,121
$599,841
+44%
Receivables (Non-Related)
$378,300
$182,018
-52%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$66,158
$77,216
+17%
Investments
$2,134,160
$1,959,201
-8%
Property, Plant, & Equipment (net)
$197,200
$102,709
-48%
Other Assets
$736,846
$316,655
-57%
Total Assets
$3,927,785
$3,237,640
-18%
Liabilities
2023
2024
Change
Payables & Accruals
$123,166
$97,703
-21%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,369,590
$1,934,223
-18%
Total Liabilities
$2,492,756
$2,031,926
-18%
Net assets
2023
2024
Change
Restricted Net Assets
$1,043,343
$628,653
-40%
Unrestricted Net Assets
$391,686
$577,061
+47%
Net assets
2023
2024
Change
Net assets
+$1,435,029
+$1,205,714
-16%
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