Logo for "RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC"

RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC

RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC

Worcester, MA, US
501(c)3
EIN
04-2454675
Logo for "RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC"

RCAP SOLUTIONS INC FORMERLY RURAL HOUSING IMPROVEMENT INC

Worcester, MA, US
501(c)3
EIN
04-2454675

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$12,579,550

Cash & Equivalents
53%
Receivables (Non-Related)
23%
Other Assets
20%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$9,041,466

Deferred Revenue
55%
Other Liabilities
29%
Payables & Accruals
14%
Custodial & Escrow Liabilities
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,687,674
$6,727,401
+18%
Receivables (Non-Related)
$3,156,294
$2,917,478
-8%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$199,620
$240,641
+21%
Investments
-
-
-
Property, Plant, & Equipment (net)
$256,733
$234,965
-8%
Other Assets
$2,877,387
$2,459,065
-15%
Total Assets
$12,177,708
$12,579,550
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$1,121,275
$1,257,333
+12%
Grants Payable
-
-
-
Deferred Revenue
$4,653,114
$5,001,878
+7%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$127,022
$195,268
+54%
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,989,203
$2,586,987
-13%
Total Liabilities
$8,890,614
$9,041,466
+2%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,287,094
$3,538,084
+8%
Net assets
2023
2024
Change
Net assets
+$3,287,094
+$3,538,084
+8%
Balance Sheet
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