CHAMPIONS FOR LIFE INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$428,964
Property, Plant, & Equipment (net)
41%
Receivables (Non-Related)
34%
Cash & Equivalents
24%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$205,115
Notes Payable / Debt (Non-Related)
73%
Payables & Accruals
24%
Deferred Revenue
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$201,887
$102,902
-49%
Receivables (Non-Related)
-
$145,032
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$4,904
$5,998
+22%
Investments
-
-
-
Property, Plant, & Equipment (net)
$186,290
$175,032
-6%
Other Assets
-
-
-
Total Assets
$393,081
$428,964
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$28,476
$49,905
+75%
Grants Payable
-
-
-
Deferred Revenue
$8,614
$5,310
-38%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$141,262
$149,900
+6%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$178,352
$205,115
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$14,064
$14,064
+0%
Unrestricted Net Assets
$200,665
$209,785
+5%
Net assets
2023
2024
Change
Net assets
+$214,729
+$223,849
+4%
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