THE COUNCIL ON AGING INC SERVING ST CLAIR COUNTY

THE COUNCIL ON AGING INC SERVING ST CLAIR COUNTY

PORT HURON, MI, US
501(c)(3)
EIN
38-1876251

THE COUNCIL ON AGING INC SERVING ST CLAIR COUNTY

PORT HURON, MI, US
501(c)(3)
EIN
38-1876251

Balance Sheet

Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)

$9,623,359

Cash & Equivalents
61%
Property, Plant, & Equipment (net)
21%
Investments
9%
Receivables (Non-Related)
8%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$756,574

Payables & Accruals
76%
Other Liabilities
12%
Deferred Revenue
12%
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
$5,256,987
$5,833,760
+11%
Receivables (Non-Related)
$818,692
$728,378
-11%
Related-Party Receivables
-
-
-
Inventories
$12,699
$17,650
+39%
Prepaid Expenses
$72,670
$71,937
-1%
Investments
$753,587
$910,172
+21%
Property, Plant, & Equipment (net)
$2,039,208
$2,061,462
+1%
Other Assets
-
-
-
Total Assets
$8,953,843
$9,623,359
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$503,532
$574,280
+14%
Grants Payable
-
-
-
Deferred Revenue
$7,227
$89,132
+1133%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$98,191
$93,162
-5%
Total Liabilities
$608,950
$756,574
+24%
Net assets
2023
2024
Change
Restricted Net Assets
$192,225
$174,488
-9%
Unrestricted Net Assets
$8,152,668
$8,692,297
+7%
Net assets
2023
2024
Change
Net assets
+$8,344,893
+$8,866,785
+6%
Balance Sheet
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