Logo for "Latin Americans for Social and Economic Development"

Latin Americans for Social and Economic Development

Latin Americans for Social and Economic Development

Detroit, MI, US
501(c)3
EIN
38-1892670
Logo for "Latin Americans for Social and Economic Development"

Latin Americans for Social and Economic Development

Detroit, MI, US
501(c)3
EIN
38-1892670

Balance Sheet

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

$1,987,714

Property, Plant, & Equipment (net)
47%
Other Assets
26%
Cash & Equivalents
17%
Receivables (Non-Related)
9%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$136,861

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
$371,237
$345,061
-7%
Receivables (Non-Related)
$115,652
$174,267
+51%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$17,262
$13,013
-25%
Investments
-
-
-
Property, Plant, & Equipment (net)
$977,187
$942,355
-4%
Other Assets
$507,854
$513,018
+1%
Total Assets
$1,989,192
$1,987,714
0%
Liabilities
2023
2024
Change
Payables & Accruals
$130,522
$136,861
+5%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$130,522
$136,861
+5%
Net assets
2023
2024
Change
Restricted Net Assets
$79,758
$71,755
-10%
Unrestricted Net Assets
$1,778,912
$1,779,098
+0%
Net assets
2023
2024
Change
Net assets
+$1,858,670
+$1,850,853
0%
Balance Sheet
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