GOODWILL INDUSTRIES OF GREATER GRAND RAPIDS INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$36,560,624
Other Assets
38%
Cash & Equivalents
23%
Property, Plant, & Equipment (net)
19%
Investments
14%
Inventories
3%
Prepaid Expenses
2%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$15,047,946
Other Liabilities
93%
Payables & Accruals
7%
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%
Assets
2023
2024
Change
Cash & Equivalents
$9,957,646
$8,389,927
-16%
Receivables (Non-Related)
$539,159
$456,464
-15%
Related-Party Receivables
-
-
-
Inventories
$1,135,036
$966,904
-15%
Prepaid Expenses
$654,706
$686,105
+5%
Investments
$4,695,649
$5,179,586
+10%
Property, Plant, & Equipment (net)
$4,680,193
$7,005,489
+50%
Other Assets
$14,470,128
$13,876,149
-4%
Total Assets
$36,132,517
$36,560,624
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,320,243
$1,066,412
-19%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$14,470,128
$13,981,534
-3%
Total Liabilities
$15,790,371
$15,047,946
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$31,250
$31,250
+0%
Unrestricted Net Assets
$20,310,896
$21,481,428
+6%
Net assets
2023
2024
Change
Net assets
+$20,342,146
+$21,512,678
+6%
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