Lawndale Christian Legal Center
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$17,154,465
Receivables (Non-Related)
91%
Cash & Equivalents
8%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$10,824,144
Other Liabilities
52%
Notes Payable / Debt (Non-Related)
45%
Payables & Accruals
3%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,633,875
$1,385,686
-15%
Receivables (Non-Related)
$12,090,158
$15,624,403
+29%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$5,689
$81,672
+1336%
Investments
-
-
-
Property, Plant, & Equipment (net)
$70,095
$62,704
-11%
Other Assets
$0
$0
-
Total Assets
$13,799,817
$17,154,465
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$174,097
$289,806
+66%
Grants Payable
-
-
-
Deferred Revenue
$230,034
$80,543
-65%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,851,726
$4,843,795
-38%
Related-Party Payables
$0
$0
-
Other Liabilities
$5,610,000
$5,610,000
+0%
Total Liabilities
$13,865,857
$10,824,144
-22%
Net assets
2023
2024
Change
Restricted Net Assets
$1,909,513
$9,539,897
+400%
Unrestricted Net Assets
-$1,975,553
-$3,209,576
-62%
Net assets
2023
2024
Change
Net assets
-$66,040
+$6,330,321
-9686%
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