CONNECTICUT LEGAL SERVICES INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$11,468,525
Cash & Equivalents
42%
Receivables (Non-Related)
36%
Other Assets
17%
Property, Plant, & Equipment (net)
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$8,352,030
Payables & Accruals
87%
Deferred Revenue
13%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,446,719
$4,788,330
-12%
Receivables (Non-Related)
$2,572,449
$4,110,018
+60%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$109,331
$93,461
-15%
Investments
-
-
-
Property, Plant, & Equipment (net)
$597,007
$553,010
-7%
Other Assets
$2,277,579
$1,923,706
-16%
Total Assets
$11,003,085
$11,468,525
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$8,400,962
$7,259,152
-14%
Grants Payable
-
-
-
Deferred Revenue
$770,154
$1,091,695
+42%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$79,145
$1,183
-99%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$9,250,261
$8,352,030
-10%
Net assets
2023
2024
Change
Restricted Net Assets
$1,732,465
$2,953,934
+71%
Unrestricted Net Assets
$20,359
$162,561
+698%
Net assets
2023
2024
Change
Net assets
+$1,752,824
+$3,116,495
+78%
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