GOOD COUNSEL INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,875,036
Cash & Equivalents
58%
Property, Plant, & Equipment (net)
25%
Other Assets
9%
Investments
4%
Receivables (Non-Related)
4%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$381,877
Payables & Accruals
80%
Other Liabilities
20%
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%
Assets
2023
2024
Change
Cash & Equivalents
$3,123,681
$2,821,297
-10%
Receivables (Non-Related)
$402,563
$181,148
-55%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$54,360
$53,332
-2%
Investments
$70,848
$190,703
+169%
Property, Plant, & Equipment (net)
$1,124,860
$1,203,660
+7%
Other Assets
$440,115
$424,896
-3%
Total Assets
$5,216,427
$4,875,036
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$269,925
$303,639
+12%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$105,017
$78,238
-25%
Total Liabilities
$374,942
$381,877
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$513,152
$513,289
+0%
Unrestricted Net Assets
$4,328,333
$3,979,870
-8%
Net assets
2023
2024
Change
Net assets
+$4,841,485
+$4,493,159
-7%
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