BEAUFORT COUNTY BLACK CHAMBER OF COMMERCE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,142,591
Property, Plant, & Equipment (net)
44%
Receivables (Non-Related)
29%
Cash & Equivalents
27%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,675,116
Notes Payable / Debt (Non-Related)
>99%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$689,788
$1,365,662
+98%
Receivables (Non-Related)
$857,887
$1,504,640
+75%
Related-Party Receivables
-
-
-
Inventories
$0
-
-
Prepaid Expenses
$25,773
$23,962
-7%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,529,235
$2,248,327
-11%
Other Assets
$528,151
-
-
Total Assets
$4,630,834
$5,142,591
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$23,533
$23,533
+0%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,858,982
$3,651,583
-5%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,882,515
$3,675,116
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$220,168
$957,263
+335%
Unrestricted Net Assets
$528,151
$510,212
-3%
Net assets
2023
2024
Change
Net assets
+$748,319
+$1,467,475
+96%
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