Michigan Veterans Foundations Inc

Michigan Veterans Foundations Inc

Detroit, MI, US
501(c)(3)
EIN
38-2857628

Michigan Veterans Foundations Inc

Detroit, MI, US
501(c)(3)
EIN
38-2857628

Balance Sheet

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

$11,484,114

Property, Plant, & Equipment (net)
95%
Cash & Equivalents
3%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$122,076

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
$266,742
$368,611
+38%
Receivables (Non-Related)
$189,497
$172,532
-9%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$47,020
$50,028
+6%
Investments
-
-
-
Property, Plant, & Equipment (net)
$11,296,893
$10,892,943
-4%
Other Assets
-
-
-
Total Assets
$11,800,152
$11,484,114
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$35,752
$122,076
+241%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$35,752
$122,076
+241%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$11,764,400
$11,362,038
-3%
Net assets
2023
2024
Change
Net assets
+$11,764,400
+$11,362,038
-3%
Balance Sheet
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