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CATHOLIC CHARITIES WEST MICHIGAN

CATHOLIC CHARITIES WEST MICHIGAN

Grand Rapids, MI, US
501(c)(3)
EIN
38-3012473
Subordinate Organization
Logo for "CATHOLIC CHARITIES WEST MICHIGAN"

CATHOLIC CHARITIES WEST MICHIGAN

Grand Rapids, MI, US
501(c)(3)
EIN
38-3012473
Subordinate Organization

Balance Sheet

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

$15,632,347

Property, Plant, & Equipment (net)
42%
Cash & Equivalents
32%
Receivables (Non-Related)
13%
Other Assets
12%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$7,485,972

Notes Payable / Debt (Non-Related)
42%
Payables & Accruals
27%
Other Liabilities
23%
Deferred Revenue
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,283,551
$4,981,913
+52%
Receivables (Non-Related)
$2,532,994
$2,087,148
-18%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$163,230
$154,350
-5%
Investments
-
-
-
Property, Plant, & Equipment (net)
$6,712,333
$6,493,510
-3%
Other Assets
$2,065,433
$1,915,426
-7%
Total Assets
$14,757,541
$15,632,347
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$2,631,564
$2,032,100
-23%
Grants Payable
-
-
-
Deferred Revenue
-
$568,218
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,283,477
$3,160,717
-4%
Related-Party Payables
-
-
-
Other Liabilities
$906,145
$1,724,937
+90%
Total Liabilities
$6,821,186
$7,485,972
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$3,098,208
$3,270,003
+6%
Unrestricted Net Assets
$4,838,147
$4,876,372
+1%
Net assets
2023
2024
Change
Net assets
+$7,936,355
+$8,146,375
+3%
Balance Sheet
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