OPPORTUNITIES INDUSTRIALIZATION CENTER INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$2,502,768
Property, Plant, & Equipment (net)
51%
Receivables (Non-Related)
35%
Cash & Equivalents
11%
Prepaid Expenses
3%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,309,601
Notes Payable / Debt (Non-Related)
45%
Payables & Accruals
32%
Other Liabilities
12%
Deferred Revenue
12%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$154,517
$270,583
+75%
Receivables (Non-Related)
$1,072,550
$878,356
-18%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$42,866
$80,590
+88%
Investments
$0
$6,393
-
Property, Plant, & Equipment (net)
$142,545
$1,266,846
+789%
Other Assets
$692,365
$0
-100%
Total Assets
$2,104,843
$2,502,768
+19%
Liabilities
2023
2024
Change
Payables & Accruals
$392,366
$418,576
+7%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$150,821
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$451,907
$587,095
+30%
Related-Party Payables
$0
$0
-
Other Liabilities
$83,832
$153,109
+83%
Total Liabilities
$928,105
$1,309,601
+41%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$372,132
-
Unrestricted Net Assets
$1,176,738
$1,591,087
+35%
Net assets
2023
2024
Change
Net assets
+$1,176,738
+$1,193,167
+1%
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