MINNDEPENDENT
MINNDEPENDENT
MINNDEPENDENT
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$946,112
Cash & Equivalents
90%
Receivables (Non-Related)
5%
Other Assets
3%
Prepaid Expenses
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$53,528
Other Liabilities
51%
Payables & Accruals
25%
Deferred Revenue
24%
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
$477,900
$853,914
+79%
Receivables (Non-Related)
$185,168
$51,186
-72%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$13,887
$10,854
-22%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,957
$2,058
-48%
Other Assets
$43,132
$28,100
-35%
Total Assets
$724,044
$946,112
+31%
Liabilities
2023
2024
Change
Payables & Accruals
$9,523
$13,508
+42%
Grants Payable
-
-
-
Deferred Revenue
$7,865
$12,630
+61%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$42,345
$27,390
-35%
Total Liabilities
$59,733
$53,528
-10%
Net assets
2023
2024
Change
Restricted Net Assets
$279,665
$506,121
+81%
Unrestricted Net Assets
$384,646
$386,463
+0%
Net assets
2023
2024
Change
Net assets
+$664,311
+$892,584
+34%
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