BOYS & GIRLS CLUBS OF GREATER SOUTHWEST MICHIGAN

BOYS & GIRLS CLUBS OF GREATER SOUTHWEST MICHIGAN

Benton Harbor, MI, US
501(c)3
EIN
38-3461586

BOYS & GIRLS CLUBS OF GREATER SOUTHWEST MICHIGAN

Benton Harbor, MI, US
501(c)3
EIN
38-3461586

Balance Sheet

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

$14,914,224

Property, Plant, & Equipment (net)
36%
Cash & Equivalents
34%
Other Assets
25%
Receivables (Non-Related)
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$692,846

Other Liabilities
49%
Payables & Accruals
35%
Deferred Revenue
15%
Grants Payable
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
$4,581,624
$5,128,516
+12%
Receivables (Non-Related)
$994,246
$726,073
-27%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$38,500
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,660,819
$5,306,996
+14%
Other Assets
$3,507,806
$3,714,139
+6%
Total Assets
$13,744,495
$14,914,224
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$259,262
$244,502
-6%
Grants Payable
-
-
-
Deferred Revenue
$283,705
$105,625
-63%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$469,388
$342,719
-27%
Total Liabilities
$1,012,355
$692,846
-32%
Net assets
2023
2024
Change
Restricted Net Assets
$1,006,903
$804,389
-20%
Unrestricted Net Assets
$11,725,237
$13,416,989
+14%
Net assets
2023
2024
Change
Net assets
+$12,732,140
+$14,221,378
+12%
Balance Sheet
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