SPRINGPOINT SENIOR LIVING INC- PARENT

SPRINGPOINT SENIOR LIVING INC- PARENT

Wall, NJ, US
501(c)3
EIN
31-1480524
Regional Funder
Parent Organization

SPRINGPOINT SENIOR LIVING INC- PARENT

Wall, NJ, US
501(c)3
EIN
31-1480524
Regional Funder
Parent Organization

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$82,941,234

Receivables (Non-Related)
75%
Cash & Equivalents
11%
Other Assets
7%
Investments
6%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$42,769,708

Notes Payable / Debt (Non-Related)
43%
Payables & Accruals
26%
Tax-Exempt Bond Liabilities
17%
Other Liabilities
14%
Deferred Revenue
<1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$9,288,822
$9,295,532
+0%
Receivables (Non-Related)
$58,289,897
$62,033,501
+6%
Related-Party Receivables
$0
-
-
Inventories
-
-
-
Prepaid Expenses
$264,379
$507,539
+92%
Investments
$4,092,290
$4,716,454
+15%
Property, Plant, & Equipment (net)
$407,080
$237,944
-42%
Other Assets
$4,248,093
$6,150,264
+45%
Total Assets
$76,590,561
$82,941,234
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$9,054,849
$11,014,194
+22%
Grants Payable
-
-
-
Deferred Revenue
$320,000
$320,000
+0%
Tax-Exempt Bond Liabilities
$7,403,303
$7,255,139
-2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$18,448,810
$18,246,448
-1%
Related-Party Payables
$0
-
-
Other Liabilities
$3,489,283
$5,933,927
+70%
Total Liabilities
$38,716,245
$42,769,708
+10%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$37,874,316
$40,171,526
+6%
Net assets
2023
2024
Change
Net assets
+$37,874,316
+$40,171,526
+6%
Balance Sheet
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