MICHIGAN ENVIROMENTAL COUNCIL
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$7,553,355
Investments
54%
Cash & Equivalents
22%
Receivables (Non-Related)
18%
Property, Plant, & Equipment (net)
7%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$223,362
Payables & Accruals
99%
Other Liabilities
1%
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%
Assets
2023
2024
Change
Cash & Equivalents
$2,840,779
$1,634,985
-42%
Receivables (Non-Related)
$923,473
$1,336,720
+45%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$10,771
$475
-96%
Investments
$2,218,845
$4,075,063
+84%
Property, Plant, & Equipment (net)
$472,383
$506,112
+7%
Other Assets
-
-
-
Total Assets
$6,466,251
$7,553,355
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$97,660
$220,083
+125%
Grants Payable
-
-
-
Deferred Revenue
$1,311,775
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$7,652
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$3,279
-
Total Liabilities
$1,417,087
$223,362
-84%
Net assets
2023
2024
Change
Restricted Net Assets
$3,728,217
$4,706,554
+26%
Unrestricted Net Assets
$1,320,947
$2,623,439
+99%
Net assets
2023
2024
Change
Net assets
+$5,049,164
+$7,329,993
+45%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)