CENTER FOR ECONOMIC GROWTH INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,334,669
Cash & Equivalents
46%
Receivables (Non-Related)
33%
Investments
19%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$274,340
Payables & Accruals
36%
Other Liabilities
35%
Deferred Revenue
29%
Grants Payable
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
$661,331
$619,202
-6%
Receivables (Non-Related)
$394,811
$446,785
+13%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$18,004
$12,463
-31%
Investments
$454,380
$255,886
-44%
Property, Plant, & Equipment (net)
$17,422
$333
-98%
Other Assets
-
-
-
Total Assets
$1,545,948
$1,334,669
-14%
Liabilities
2023
2024
Change
Payables & Accruals
$47,314
$99,099
+109%
Grants Payable
-
-
-
Deferred Revenue
$66,333
$78,616
+19%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$166,567
$96,625
-42%
Total Liabilities
$280,214
$274,340
-2%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,265,734
$1,060,329
-16%
Net assets
2023
2024
Change
Net assets
+$1,265,734
+$1,060,329
-16%
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