GRAND RAPIDS URBAN LEAGUE
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,727,997
Cash & Equivalents
90%
Property, Plant, & Equipment (net)
5%
Receivables (Non-Related)
4%
Investments
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$178,682
Payables & Accruals
51%
Notes Payable / Debt (Non-Related)
48%
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
$411,659
$3,371,651
+719%
Receivables (Non-Related)
$29,417
$131,712
+348%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$20,321
$8,525
-58%
Investments
$11,164
$12,633
+13%
Property, Plant, & Equipment (net)
$213,141
$203,476
-5%
Other Assets
-
-
-
Total Assets
$685,702
$3,727,997
+444%
Liabilities
2023
2024
Change
Payables & Accruals
$139,115
$91,631
-34%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$95,437
$86,016
-10%
Related-Party Payables
-
-
-
Other Liabilities
$678
$1,035
+53%
Total Liabilities
$235,230
$178,682
-24%
Net assets
2023
2024
Change
Restricted Net Assets
$137,593
$3,100,213
+2153%
Unrestricted Net Assets
$312,879
$449,102
+44%
Net assets
2023
2024
Change
Net assets
+$450,472
+$3,549,315
+688%
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