FSL HOME IMPROVEMENTS INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$6,232,562
Receivables (Non-Related)
75%
Other Assets
20%
Property, Plant, & Equipment (net)
4%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,942,780
Payables & Accruals
69%
Notes Payable / Debt (Non-Related)
20%
Other Liabilities
11%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$235,139
$39,258
-83%
Receivables (Non-Related)
$1,706,252
$4,684,725
+175%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,392
$4,163
+23%
Investments
-
-
-
Property, Plant, & Equipment (net)
$283,985
$259,006
-9%
Other Assets
$975,391
$1,245,410
+28%
Total Assets
$3,204,159
$6,232,562
+95%
Liabilities
2023
2024
Change
Payables & Accruals
$567,108
$2,739,539
+383%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$650,000
$770,000
+18%
Related-Party Payables
-
-
-
Other Liabilities
$118,293
$433,241
+266%
Total Liabilities
$1,335,401
$3,942,780
+195%
Net assets
2023
2024
Change
Restricted Net Assets
$280,031
$216,220
-23%
Unrestricted Net Assets
$1,588,727
$2,073,562
+31%
Net assets
2023
2024
Change
Net assets
+$1,868,758
+$2,289,782
+23%
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