MONARCH HOUSING ASSOCIATES INC
MONARCH HOUSING ASSOCIATES INC
MONARCH HOUSING ASSOCIATES INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,511,302
Cash & Equivalents
56%
Receivables (Non-Related)
29%
Property, Plant, & Equipment (net)
15%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$580,349
Notes Payable / Debt (Non-Related)
83%
Payables & Accruals
16%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$931,024
$2,532,137
+172%
Receivables (Non-Related)
$885,352
$1,299,875
+47%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$677,656
$661,625
-2%
Other Assets
$20,200
$17,665
-13%
Total Assets
$2,514,232
$4,511,302
+79%
Liabilities
2023
2024
Change
Payables & Accruals
$163,907
$93,998
-43%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$488,694
$480,887
-2%
Related-Party Payables
-
-
-
Other Liabilities
$5,394
$5,464
+1%
Total Liabilities
$657,995
$580,349
-12%
Net assets
2023
2024
Change
Restricted Net Assets
$302,927
$2,321,047
+666%
Unrestricted Net Assets
$1,553,310
$1,609,906
+4%
Net assets
2023
2024
Change
Net assets
+$1,856,237
+$3,930,953
+112%
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