DETROIT POLICE ATHLETIC LEAGUE INCORPORATED
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$16,233,054
Property, Plant, & Equipment (net)
89%
Cash & Equivalents
7%
Receivables (Non-Related)
4%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$375,418
Payables & Accruals
94%
Deferred Revenue
6%
Grants Payable
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
$855,967
$1,058,965
+24%
Receivables (Non-Related)
$776,756
$692,560
-11%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$15,982
$34,206
+114%
Investments
-
-
-
Property, Plant, & Equipment (net)
$14,342,034
$14,416,835
+1%
Other Assets
$30,488
$30,488
+0%
Total Assets
$16,021,227
$16,233,054
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$435,615
$351,676
-19%
Grants Payable
-
-
-
Deferred Revenue
$37,893
$23,742
-37%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$473,508
$375,418
-21%
Net assets
2023
2024
Change
Restricted Net Assets
$512,125
$0
-100%
Unrestricted Net Assets
$15,035,594
$15,857,636
+5%
Net assets
2023
2024
Change
Net assets
+$15,547,719
+$15,857,636
+2%
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