ECHO HOUSING CORPORATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$10,384,716
Property, Plant, & Equipment (net)
72%
Receivables (Non-Related)
27%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$775,783
Notes Payable / Debt (Non-Related)
60%
Payables & Accruals
40%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$107,953
$67,832
-37%
Receivables (Non-Related)
$3,314,553
$2,773,757
-16%
Related-Party Receivables
-
-
-
Inventories
-
$1,351
-
Prepaid Expenses
$41,396
$51,355
+24%
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,719,508
$7,490,221
+31%
Other Assets
$200
$200
+0%
Total Assets
$9,183,610
$10,384,716
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$442,558
$309,389
-30%
Grants Payable
-
-
-
Deferred Revenue
$9,390
$0
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$497,976
$464,394
-7%
Related-Party Payables
-
-
-
Other Liabilities
$2,000
$2,000
+0%
Total Liabilities
$951,924
$775,783
-19%
Net assets
2023
2024
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$8,231,686
$9,608,933
+17%
Net assets
2023
2024
Change
Net assets
+$8,231,686
+$9,608,933
+17%
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