APPALACHIAN CENTER FOR ECONOMIC NETWORKS INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,606,820
Property, Plant, & Equipment (net)
78%
Cash & Equivalents
15%
Receivables (Non-Related)
7%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$842,493
Other Liabilities
54%
Notes Payable / Debt (Non-Related)
41%
Payables & Accruals
5%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$77,906
$523,662
+572%
Receivables (Non-Related)
$328,707
$245,534
-25%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$13,128
$4,356
-67%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,589,423
$2,819,332
+9%
Other Assets
$17,327
$13,936
-20%
Total Assets
$3,026,491
$3,606,820
+19%
Liabilities
2023
2024
Change
Payables & Accruals
$30,418
$39,792
+31%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$454,508
$344,413
-24%
Related-Party Payables
-
-
-
Other Liabilities
$107,658
$458,288
+326%
Total Liabilities
$592,584
$842,493
+42%
Net assets
2023
2024
Change
Restricted Net Assets
$1,651,651
$1,651,651
+0%
Unrestricted Net Assets
$782,256
$1,112,676
+42%
Net assets
2023
2024
Change
Net assets
+$2,433,907
+$2,764,327
+14%
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