VINFEN CORPORATION OF CONNECTICUT INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$19,497,315
Cash & Equivalents
55%
Property, Plant, & Equipment (net)
30%
Receivables (Non-Related)
9%
Other Assets
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$20,993,055
Other Liabilities
41%
Notes Payable / Debt (Non-Related)
34%
Payables & Accruals
22%
Deferred Revenue
2%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,491,109
$10,674,566
+42%
Receivables (Non-Related)
$1,890,568
$1,758,764
-7%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$304,213
$165,210
-46%
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,743,560
$5,790,439
+1%
Other Assets
$813,487
$1,108,336
+36%
Total Assets
$16,242,937
$19,497,315
+20%
Liabilities
2023
2024
Change
Payables & Accruals
$4,261,796
$4,566,052
+7%
Grants Payable
-
-
-
Deferred Revenue
$203,970
$502,141
+146%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$251,217
$204,396
-19%
Notes Payable / Debt (Non-Related)
$7,337,870
$7,202,202
-2%
Related-Party Payables
-
-
-
Other Liabilities
$5,515,169
$8,518,264
+54%
Total Liabilities
$17,570,022
$20,993,055
+19%
Net assets
2023
2024
Change
Restricted Net Assets
$7,845
$8,440
+8%
Unrestricted Net Assets
-$1,334,930
-$1,504,180
-13%
Net assets
2023
2024
Change
Net assets
-$1,327,085
-$1,495,740
-13%
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