Logo for "OPPORTUNITIES INDUSTRIALIZATION CENTERS OF AMERICA INC"

OPPORTUNITIES INDUSTRIALIZATION CENTERS OF AMERICA INC

OPPORTUNITIES INDUSTRIALIZATION CENTERS OF AMERICA INC

Philadelphia, PA, US
501(c)3
EIN
23-7109952
Parent Organization
Logo for "OPPORTUNITIES INDUSTRIALIZATION CENTERS OF AMERICA INC"

OPPORTUNITIES INDUSTRIALIZATION CENTERS OF AMERICA INC

Philadelphia, PA, US
501(c)3
EIN
23-7109952
Parent Organization

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$13,846,567

Receivables (Non-Related)
39%
Investments
30%
Other Assets
16%
Cash & Equivalents
14%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$4,104,896

Other Liabilities
57%
Payables & Accruals
21%
Grants Payable
20%
Deferred Revenue
1%
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
$1,403,912
$1,926,380
+37%
Receivables (Non-Related)
$1,479,650
$5,369,094
+263%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$7,513
$49,000
+552%
Investments
$3,068,340
$4,222,620
+38%
Property, Plant, & Equipment (net)
$0
$4,810
-
Other Assets
$1,965,696
$2,274,663
+16%
Total Assets
$7,925,111
$13,846,567
+75%
Liabilities
2023
2024
Change
Payables & Accruals
$316,752
$873,497
+176%
Grants Payable
$781,028
$834,910
+7%
Deferred Revenue
$142,782
$61,075
-57%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,998,828
$2,335,414
+17%
Total Liabilities
$3,239,390
$4,104,896
+27%
Net assets
2023
2024
Change
Restricted Net Assets
-
$8,727,005
-
Unrestricted Net Assets
$4,685,721
$1,014,666
-78%
Net assets
2023
2024
Change
Net assets
+$4,685,721
+$9,741,671
+108%
Balance Sheet
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