ENGINEERS IN ACTION INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$690,528
Cash & Equivalents
77%
Prepaid Expenses
12%
Receivables (Non-Related)
10%
Investments
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$126,010
Payables & Accruals
41%
Other Liabilities
39%
Related-Party Payables
20%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Assets
2023
2024
Change
Cash & Equivalents
$417,913
$532,789
+27%
Receivables (Non-Related)
$31,744
$69,281
+118%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$87,885
$80,354
-9%
Investments
$6,548
$7,229
+10%
Property, Plant, & Equipment (net)
$875
$875
+0%
Other Assets
$0
$0
-
Total Assets
$544,965
$690,528
+27%
Liabilities
2023
2024
Change
Payables & Accruals
$50,833
$51,407
+1%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$30,000
$25,000
-17%
Other Liabilities
$100,332
$49,603
-51%
Total Liabilities
$181,165
$126,010
-30%
Net assets
2023
2024
Change
Restricted Net Assets
$105,377
$148,250
+41%
Unrestricted Net Assets
$258,423
$416,268
+61%
Net assets
2023
2024
Change
Net assets
+$363,800
+$564,518
+55%
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