MANHATTAN BEACH HOUSING DEVELOPMENT FUND CORPORATIONClosed
Closed
Balance Sheet
Fiscal Year Start:
Jul 1
Closed
This organization closed in 2022. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Assets in 2021 (Year End)
$6,609,284
Property, Plant, & Equipment (net)
76%
Cash & Equivalents
21%
Prepaid Expenses
3%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2021 (Year End)
$7,753,738
Notes Payable / Debt (Non-Related)
93%
Payables & Accruals
5%
Other Liabilities
1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2021
2022
Change
Cash & Equivalents
$1,368,783
$0
-100%
Receivables (Non-Related)
$13,760
$0
-100%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$194,909
$0
-100%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$4,992,370
$0
-100%
Other Assets
$39,462
$0
-100%
Total Assets
$6,609,284
$0
-100%
Liabilities
2021
2022
Change
Payables & Accruals
$423,785
-
-
Grants Payable
-
-
-
Deferred Revenue
$2,891
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,242,974
-
-
Related-Party Payables
-
-
-
Other Liabilities
$84,088
$0
-100%
Total Liabilities
$7,753,738
$0
-100%
Net assets
2021
2022
Change
Restricted Net Assets
$246,700
$0
-100%
Unrestricted Net Assets
-$1,391,154
$0
-100%
Net assets
2021
2022
Change
Net assets
-$1,144,454
+$0
-100%
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