IRON GATE INC

Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$13,976,336
Investments
50%
Property, Plant, & Equipment (net)
33%
Cash & Equivalents
16%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$9,839
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,314,788
$2,243,863
-3%
Receivables (Non-Related)
$300
$90
-70%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$5,844,567
$7,009,760
+20%
Property, Plant, & Equipment (net)
$4,945,608
$4,649,428
-6%
Other Assets
$69,823
$73,195
+5%
Total Assets
$13,175,086
$13,976,336
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$5,890
$9,839
+67%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$5,890
$9,839
+67%
Net assets
2023
2024
Change
Restricted Net Assets
-
$127,149
-
Unrestricted Net Assets
$13,169,196
$13,839,348
+5%
Net assets
2023
2024
Change
Net assets
+$13,169,196
+$13,966,497
+6%
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