MIGHTY WRITERS
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,601,532
Cash & Equivalents
43%
Receivables (Non-Related)
31%
Other Assets
13%
Property, Plant, & Equipment (net)
11%
Investments
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$743,030
Other Liabilities
73%
Payables & Accruals
27%
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
$1,577,940
$1,977,019
+25%
Receivables (Non-Related)
$1,161,544
$1,443,358
+24%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$41,689
$45,416
+9%
Investments
-
$65,154
-
Property, Plant, & Equipment (net)
$247,208
$493,845
+100%
Other Assets
$544,096
$576,740
+6%
Total Assets
$3,572,477
$4,601,532
+29%
Liabilities
2023
2024
Change
Payables & Accruals
$255,837
$204,183
-20%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$518,498
$538,847
+4%
Total Liabilities
$774,335
$743,030
-4%
Net assets
2023
2024
Change
Restricted Net Assets
$74,770
$1,334,631
+1685%
Unrestricted Net Assets
$2,723,372
$2,523,871
-7%
Net assets
2023
2024
Change
Net assets
+$2,798,142
+$3,858,502
+38%
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