New Avenues to Independence Inc
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$10,265,957
Property, Plant, & Equipment (net)
52%
Cash & Equivalents
27%
Receivables (Non-Related)
15%
Other Assets
4%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,721,435
Notes Payable / Debt (Non-Related)
54%
Payables & Accruals
24%
Deferred Revenue
13%
Custodial & Escrow Liabilities
8%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,843,073
$2,758,778
+50%
Receivables (Non-Related)
$1,279,145
$1,580,853
+24%
Related-Party Receivables
$0
-
-
Inventories
$0
-
-
Prepaid Expenses
$197,162
$200,210
+2%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$3,743,893
$5,307,035
+42%
Other Assets
$520,469
$419,081
-19%
Total Assets
$7,583,742
$10,265,957
+35%
Liabilities
2023
2024
Change
Payables & Accruals
$1,161,011
$1,113,514
-4%
Grants Payable
$0
-
-
Deferred Revenue
$814,442
$625,442
-23%
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$469,195
$389,149
-17%
Notes Payable / Debt (Non-Related)
$1,150,848
$2,562,573
+123%
Related-Party Payables
$0
-
-
Other Liabilities
$51,768
$30,757
-41%
Total Liabilities
$3,647,264
$4,721,435
+29%
Net assets
2023
2024
Change
Restricted Net Assets
$34,282
$368,305
+974%
Unrestricted Net Assets
$3,902,196
$5,176,217
+33%
Net assets
2023
2024
Change
Net assets
+$3,936,478
+$5,544,522
+41%
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