THE HOSPITALITY HUB OF MEMPHIS
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$15,030,234
Property, Plant, & Equipment (net)
71%
Other Assets
21%
Cash & Equivalents
7%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$618,268
Payables & Accruals
75%
Notes Payable / Debt (Non-Related)
25%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,529,733
$1,008,784
-60%
Receivables (Non-Related)
$188,990
$179,666
-5%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$11,569,976
$10,622,841
-8%
Other Assets
$1,878,118
$3,218,943
+71%
Total Assets
$16,166,817
$15,030,234
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$1,339,670
$461,959
-66%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$156,703
$156,309
0%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,496,373
$618,268
-59%
Net assets
2023
2024
Change
Restricted Net Assets
$1,649,938
$1,649,938
+0%
Unrestricted Net Assets
$13,020,506
$12,762,028
-2%
Net assets
2023
2024
Change
Net assets
+$14,670,444
+$14,411,966
-2%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)