YOUNG MEN'S CHRISTIAN ASSOCIATION OF AKRON INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$41,589,993
Property, Plant, & Equipment (net)
59%
Other Assets
33%
Cash & Equivalents
5%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$14,710,223
Other Liabilities
74%
Notes Payable / Debt (Non-Related)
19%
Payables & Accruals
5%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,294,236
$2,118,897
-36%
Receivables (Non-Related)
$1,286,709
$802,321
-38%
Related-Party Receivables
$0
-
-
Inventories
$0
-
-
Prepaid Expenses
$121,263
$115,196
-5%
Investments
-
-
-
Property, Plant, & Equipment (net)
$23,146,805
$24,670,654
+7%
Other Assets
$2,636,096
$13,882,925
+427%
Total Assets
$30,485,109
$41,589,993
+36%
Liabilities
2023
2024
Change
Payables & Accruals
$554,981
$674,100
+21%
Grants Payable
-
-
-
Deferred Revenue
$337,710
$356,001
+5%
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,094,746
$2,734,020
-12%
Related-Party Payables
$0
-
-
Other Liabilities
$602,635
$10,946,102
+1716%
Total Liabilities
$4,590,072
$14,710,223
+220%
Net assets
2023
2024
Change
Restricted Net Assets
-
$2,294,350
-
Unrestricted Net Assets
-
$24,585,420
-
Net assets
2023
2024
Change
Net assets
+$25,895,037
+$26,879,770
+4%
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