MACKINAC CENTER
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$14,450,504
Cash & Equivalents
49%
Investments
24%
Receivables (Non-Related)
18%
Property, Plant, & Equipment (net)
8%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$648,163
Payables & Accruals
86%
Other Liabilities
14%
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
$6,860,347
$7,083,109
+3%
Receivables (Non-Related)
$4,066,840
$2,553,332
-37%
Related-Party Receivables
-
$0
-
Inventories
-
-
-
Prepaid Expenses
$184,472
$100,717
-45%
Investments
$3,270,484
$3,494,784
+7%
Property, Plant, & Equipment (net)
$1,205,317
$1,129,745
-6%
Other Assets
$97,144
$88,817
-9%
Total Assets
$15,684,604
$14,450,504
-8%
Liabilities
2023
2024
Change
Payables & Accruals
$651,642
$559,346
-14%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
$0
-
Other Liabilities
$97,144
$88,817
-9%
Total Liabilities
$748,786
$648,163
-13%
Net assets
2023
2024
Change
Restricted Net Assets
$9,927,850
$6,189,354
-38%
Unrestricted Net Assets
$5,007,968
$7,612,987
+52%
Net assets
2023
2024
Change
Net assets
+$14,935,818
+$13,802,341
-8%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)