RISE MEMPHIS INC
Balance Sheet
Fiscal Year Start:
May 1
Assets in 2024 (Year End)
$1,729,109
Investments
58%
Cash & Equivalents
37%
Other Assets
4%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$241,077
Other Liabilities
56%
Payables & Accruals
42%
Deferred Revenue
2%
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
$488,233
$639,495
+31%
Receivables (Non-Related)
$245,104
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$15,161
$16,074
+6%
Investments
$951,364
$1,006,481
+6%
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$67,059
$67,059
+0%
Total Assets
$1,766,921
$1,729,109
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$89,779
$100,689
+12%
Grants Payable
-
-
-
Deferred Revenue
-
$5,000
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$162,421
$135,388
-17%
Total Liabilities
$252,200
$241,077
-4%
Net assets
2023
2024
Change
Restricted Net Assets
$266,531
$266,531
+0%
Unrestricted Net Assets
$1,248,190
$1,221,501
-2%
Net assets
2023
2024
Change
Net assets
+$1,514,721
+$1,488,032
-2%
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