MICHIGAN ANIMAL RESCUE LEAGUE
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$14,000,930
Investments
44%
Property, Plant, & Equipment (net)
41%
Receivables (Non-Related)
9%
Cash & Equivalents
5%
Prepaid Expenses
<1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$117,752
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,444,795
$704,913
-51%
Receivables (Non-Related)
$66,170
$1,291,845
+1852%
Related-Party Receivables
-
-
-
Inventories
$1,724
$1,528
-11%
Prepaid Expenses
$79,991
$53,637
-33%
Investments
$5,398,460
$6,193,005
+15%
Property, Plant, & Equipment (net)
$5,931,400
$5,755,470
-3%
Other Assets
$622
$532
-14%
Total Assets
$12,923,162
$14,000,930
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$106,863
$117,752
+10%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$106,863
$117,752
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$98,667
$1,320,537
+1238%
Unrestricted Net Assets
$12,717,632
$12,562,641
-1%
Net assets
2023
2024
Change
Net assets
+$12,816,299
+$13,883,178
+8%
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