PITTSBURGH GATEWAYS CORPORATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$40,435,348
Investments
86%
Other Assets
12%
Cash & Equivalents
1%
Receivables (Non-Related)
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$2,579,782
Notes Payable / Debt (Non-Related)
52%
Other Liabilities
39%
Payables & Accruals
9%
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
$1,220,141
$596,933
-51%
Receivables (Non-Related)
$231,154
$458,961
+99%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$36,837,910
$34,629,693
-6%
Property, Plant, & Equipment (net)
$30,361
$3,308
-89%
Other Assets
$4,926,296
$4,746,453
-4%
Total Assets
$43,245,862
$40,435,348
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$70,877
$225,616
+218%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,258,500
$1,342,835
-41%
Related-Party Payables
-
-
-
Other Liabilities
$1,441,852
$1,011,331
-30%
Total Liabilities
$3,771,229
$2,579,782
-32%
Net assets
2023
2024
Change
Restricted Net Assets
$3,505,163
$3,622,858
+3%
Unrestricted Net Assets
$35,969,470
$34,232,708
-5%
Net assets
2023
2024
Change
Net assets
+$39,474,633
+$37,855,566
-4%
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