TRUENORTH COMMUNITY SERVICES
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$15,821,799
Property, Plant, & Equipment (net)
48%
Cash & Equivalents
30%
Investments
13%
Receivables (Non-Related)
7%
Prepaid Expenses
<1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$5,389,838
Deferred Revenue
73%
Payables & Accruals
19%
Notes Payable / Debt (Non-Related)
7%
Other Liabilities
<1%
Grants Payable
<1%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,491,384
$4,804,926
-26%
Receivables (Non-Related)
$1,456,746
$1,105,754
-24%
Related-Party Receivables
-
-
-
Inventories
$136,905
$115,976
-15%
Prepaid Expenses
$96,150
$131,139
+36%
Investments
$1,537,320
$2,061,306
+34%
Property, Plant, & Equipment (net)
$7,461,834
$7,538,172
+1%
Other Assets
$37,330
$64,526
+73%
Total Assets
$17,217,669
$15,821,799
-8%
Liabilities
2023
2024
Change
Payables & Accruals
$1,106,849
$1,049,537
-5%
Grants Payable
$2,707
$526
-81%
Deferred Revenue
$5,551,057
$3,943,964
-29%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$467,556
$358,580
-23%
Related-Party Payables
-
-
-
Other Liabilities
$3,074
$37,231
+1111%
Total Liabilities
$7,131,243
$5,389,838
-24%
Net assets
2023
2024
Change
Restricted Net Assets
$2,645,445
$1,535,376
-42%
Unrestricted Net Assets
$7,440,981
$8,896,585
+20%
Net assets
2023
2024
Change
Net assets
+$10,086,426
+$10,431,961
+3%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)