CHOICELIGHT INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$12,004,021
Property, Plant, & Equipment (net)
32%
Cash & Equivalents
28%
Other Assets
22%
Investments
15%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,420,100
Deferred Revenue
49%
Payables & Accruals
34%
Other Liabilities
18%
Grants Payable
0%
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
$1,378,646
$3,390,572
+146%
Receivables (Non-Related)
$58,533
$246,019
+320%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$51,943
$62,954
+21%
Investments
$2,899,466
$1,846,331
-36%
Property, Plant, & Equipment (net)
$3,674,369
$3,827,444
+4%
Other Assets
$2,627,336
$2,630,701
+0%
Total Assets
$10,690,293
$12,004,021
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$89,616
$476,177
+431%
Grants Payable
-
-
-
Deferred Revenue
$598,141
$691,094
+16%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$471,061
$252,829
-46%
Total Liabilities
$1,158,818
$1,420,100
+23%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$9,531,475
$10,583,921
+11%
Net assets
2023
2024
Change
Net assets
+$9,531,475
+$10,583,921
+11%
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