NEW CHOICES INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$710,768
Property, Plant, & Equipment (net)
87%
Receivables (Non-Related)
9%
Other Assets
3%
Cash & Equivalents
2%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$178,774
Notes Payable / Debt (Non-Related)
93%
Payables & Accruals
7%
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
$72,974
$11,400
-84%
Receivables (Non-Related)
$33,484
$63,417
+89%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$842
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$657,448
$616,132
-6%
Other Assets
$29,493
$19,819
-33%
Total Assets
$794,241
$710,768
-11%
Liabilities
2023
2024
Change
Payables & Accruals
$28,177
$12,758
-55%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$156,267
$166,016
+6%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$184,444
$178,774
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$233,208
$249,746
+7%
Unrestricted Net Assets
$376,589
$282,248
-25%
Net assets
2023
2024
Change
Net assets
+$609,797
+$531,994
-13%
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