GREATER BOSTON LEGAL SERVICES INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$54,904,980
Investments
57%
Cash & Equivalents
27%
Receivables (Non-Related)
8%
Property, Plant, & Equipment (net)
6%
Other Assets
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$3,440,760
Payables & Accruals
83%
Custodial & Escrow Liabilities
11%
Other Liabilities
5%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$12,006,647
$14,906,926
+24%
Receivables (Non-Related)
$1,784,046
$4,311,295
+142%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$322,906
$197,209
-39%
Investments
$25,599,821
$31,146,072
+22%
Property, Plant, & Equipment (net)
$3,212,743
$3,067,892
-5%
Other Assets
$204,000
$1,275,586
+525%
Total Assets
$43,130,163
$54,904,980
+27%
Liabilities
2023
2024
Change
Payables & Accruals
$2,485,906
$2,871,043
+15%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$468,393
$382,223
-18%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$232,739
$187,494
-19%
Total Liabilities
$3,187,038
$3,440,760
+8%
Net assets
2023
2024
Change
Restricted Net Assets
$11,008,561
$14,352,336
+30%
Unrestricted Net Assets
$28,934,564
$37,111,884
+28%
Net assets
2023
2024
Change
Net assets
+$39,943,125
+$51,464,220
+29%
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