EASTERN CONNECTICUT WORKFORCE INVESTMENT BOARD INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$3,515,030
Cash & Equivalents
73%
Receivables (Non-Related)
12%
Investments
8%
Other Assets
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2025 (Year End)
$2,497,514
Payables & Accruals
74%
Deferred Revenue
15%
Other Liabilities
11%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,557,135
$2,562,333
+65%
Receivables (Non-Related)
$888,366
$432,893
-51%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$29,301
$10,982
-63%
Investments
$262,592
$292,106
+11%
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$259,605
$216,716
-17%
Total Assets
$2,996,999
$3,515,030
+17%
Liabilities
2024
2025
Change
Payables & Accruals
$1,527,538
$1,841,020
+21%
Grants Payable
-
-
-
Deferred Revenue
$140,605
$373,131
+165%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$296,532
$283,363
-4%
Total Liabilities
$1,964,675
$2,497,514
+27%
Net assets
2024
2025
Change
Restricted Net Assets
$391,201
$354,680
-9%
Unrestricted Net Assets
$641,123
$662,836
+3%
Net assets
2024
2025
Change
Net assets
+$1,032,324
+$1,017,516
-1%
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