REACHING FOR INDEPENDENCE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,053,333
Cash & Equivalents
46%
Property, Plant, & Equipment (net)
40%
Receivables (Non-Related)
9%
Other Assets
4%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$370,038
Other Liabilities
49%
Notes Payable / Debt (Non-Related)
47%
Payables & Accruals
4%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,146,491
$937,548
-18%
Receivables (Non-Related)
$157,259
$191,202
+22%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$30,684
$31,779
+4%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$732,569
$813,459
+11%
Other Assets
$29,892
$79,345
+165%
Total Assets
$2,096,895
$2,053,333
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$15,158
$14,900
-2%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$191,621
$174,142
-9%
Related-Party Payables
-
-
-
Other Liabilities
$109,547
$180,996
+65%
Total Liabilities
$316,326
$370,038
+17%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,780,569
$1,683,295
-5%
Net assets
2023
2024
Change
Net assets
+$1,780,569
+$1,683,295
-5%
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