AKRON COMMUNITY DEVELOPMENT ASSOCIATION INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$842,490
Property, Plant, & Equipment (net)
53%
Cash & Equivalents
23%
Receivables (Non-Related)
22%
Prepaid Expenses
2%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$349,761
Notes Payable / Debt (Non-Related)
72%
Payables & Accruals
28%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$250,701
$196,774
-22%
Receivables (Non-Related)
$751,989
$182,250
-76%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$17,556
$17,908
+2%
Investments
-
-
-
Property, Plant, & Equipment (net)
$306,105
$445,193
+45%
Other Assets
-
$365
-
Total Assets
$1,326,351
$842,490
-36%
Liabilities
2023
2024
Change
Payables & Accruals
$244,699
$98,570
-60%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$185,914
$251,191
+35%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$430,613
$349,761
-19%
Net assets
2023
2024
Change
Restricted Net Assets
$37,500
-
-
Unrestricted Net Assets
$858,238
$492,729
-43%
Net assets
2023
2024
Change
Net assets
+$895,738
+$492,729
-45%
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