PENNSYLVANIA ECONOMY LEAGUE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,841,306
Receivables (Non-Related)
67%
Cash & Equivalents
27%
Other Assets
3%
Prepaid Expenses
3%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,712,838
Other Liabilities
82%
Payables & Accruals
18%
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
$1,307,054
$498,011
-62%
Receivables (Non-Related)
$714,783
$1,231,399
+72%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$27,710
$53,721
+94%
Investments
$2,500
$0
-100%
Property, Plant, & Equipment (net)
$1,778
$565
-68%
Other Assets
$105,556
$57,610
-45%
Total Assets
$2,159,381
$1,841,306
-15%
Liabilities
2023
2024
Change
Payables & Accruals
$344,130
$306,426
-11%
Grants Payable
-
-
-
Deferred Revenue
$250,000
$0
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,926,968
$1,406,412
-27%
Total Liabilities
$2,521,098
$1,712,838
-32%
Net assets
2023
2024
Change
Restricted Net Assets
$560,381
$310,405
-45%
Unrestricted Net Assets
-$922,098
-$181,937
+80%
Net assets
2023
2024
Change
Net assets
-$361,717
+$128,468
-136%
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