MASSACHUSETTS LEGAL ASSISTANCE CORP
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$24,151,266
Cash & Equivalents
77%
Receivables (Non-Related)
20%
Other Assets
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2025 (Year End)
$3,723,383
Grants Payable
68%
Other Liabilities
21%
Payables & Accruals
11%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$19,133,965
$18,500,248
-3%
Receivables (Non-Related)
$3,468,504
$4,800,538
+38%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$56,179
$115,175
+105%
Investments
-
-
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$3,702,229
$735,305
-80%
Total Assets
$26,360,877
$24,151,266
-8%
Liabilities
2024
2025
Change
Payables & Accruals
$552,017
$415,727
-25%
Grants Payable
$5,426,087
$2,528,884
-53%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,947,633
$778,772
-80%
Total Liabilities
$9,925,737
$3,723,383
-62%
Net assets
2024
2025
Change
Restricted Net Assets
$377,651
$215,269
-43%
Unrestricted Net Assets
$16,057,489
$20,212,614
+26%
Net assets
2024
2025
Change
Net assets
+$16,435,140
+$20,427,883
+24%
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