MICHIGAN FUTURE INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$1,251,326
Cash & Equivalents
74%
Receivables (Non-Related)
26%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$16,872
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
2024
2025
Change
Cash & Equivalents
$626,938
$923,893
+47%
Receivables (Non-Related)
$467,776
$319,948
-32%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$7,049
$7,485
+6%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$1,101,763
$1,251,326
+14%
Liabilities
2024
2025
Change
Payables & Accruals
$19,629
$16,872
-14%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$19,629
$16,872
-14%
Net assets
2024
2025
Change
Restricted Net Assets
$533,348
$238,609
-55%
Unrestricted Net Assets
$548,786
$995,845
+81%
Net assets
2024
2025
Change
Net assets
+$1,082,134
+$1,234,454
+14%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)