GREATER KOKOMO ECONOMIC DEVELOPMENT ALLIANCE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,318,227
Property, Plant, & Equipment (net)
67%
Cash & Equivalents
32%
Receivables (Non-Related)
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$175,335
Other Liabilities
90%
Deferred Revenue
8%
Payables & Accruals
3%
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
$4,061,122
$1,374,122
-66%
Receivables (Non-Related)
$15,975
$14,043
-12%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$30,263
$13,065
-57%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,036,591
$2,903,510
-4%
Other Assets
$0
$13,487
-
Total Assets
$7,143,951
$4,318,227
-40%
Liabilities
2023
2024
Change
Payables & Accruals
$339,390
$4,426
-99%
Grants Payable
-
-
-
Deferred Revenue
-
$13,776
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,992,000
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$157,133
-
Total Liabilities
$3,331,390
$175,335
-95%
Net assets
2023
2024
Change
Restricted Net Assets
$145,067
$325,166
+124%
Unrestricted Net Assets
$3,667,494
$3,817,726
+4%
Net assets
2023
2024
Change
Net assets
+$3,812,561
+$4,142,892
+9%
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