Logo for "BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION"

BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION

BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION

New York, NY, US
501(c)3
EIN
11-3048002
Logo for "BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION"

BREAKING GROUND HOUSING DEVELOPMENT FUND CORPORATION

New York, NY, US
501(c)3
EIN
11-3048002

Balance Sheet

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

$220,896,027

Other Assets
54%
Receivables (Non-Related)
30%
Property, Plant, & Equipment (net)
12%
Cash & Equivalents
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$63,261,368

Notes Payable / Debt (Non-Related)
77%
Payables & Accruals
10%
Other Liabilities
9%
Deferred Revenue
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,994,674
$7,518,884
+88%
Receivables (Non-Related)
$60,548,830
$66,293,928
+9%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$138,696
$152,269
+10%
Investments
-
-
-
Property, Plant, & Equipment (net)
$28,572,771
$26,905,944
-6%
Other Assets
$121,545,625
$120,025,002
-1%
Total Assets
$214,800,596
$220,896,027
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$5,007,283
$6,257,755
+25%
Grants Payable
-
-
-
Deferred Revenue
$1,995,358
$2,650,417
+33%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$54,849,707
$48,549,707
-11%
Related-Party Payables
-
-
-
Other Liabilities
$6,007,222
$5,803,489
-3%
Total Liabilities
$67,859,570
$63,261,368
-7%
Net assets
2023
2024
Change
Restricted Net Assets
$21,386,267
$12,937,249
-40%
Unrestricted Net Assets
$125,554,759
$144,697,410
+15%
Net assets
2023
2024
Change
Net assets
+$146,941,026
+$157,634,659
+7%
Balance Sheet
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