BENEDICTINE LIVING COMMUNITIES INC

BENEDICTINE LIVING COMMUNITIES INC

MINNEAPOLIS, MN, US
501(c)(3)
EIN
41-1639687
Subordinate Organization

BENEDICTINE LIVING COMMUNITIES INC

MINNEAPOLIS, MN, US
501(c)(3)
EIN
41-1639687
Subordinate Organization

Balance Sheet

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

$25,561,908

Property, Plant, & Equipment (net)
43%
Cash & Equivalents
31%
Receivables (Non-Related)
18%
Other Assets
7%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$13,194,950

Notes Payable / Debt (Non-Related)
84%
Payables & Accruals
14%
Other Liabilities
1%
Custodial & Escrow Liabilities
1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$10,118,959
$8,028,597
-21%
Receivables (Non-Related)
$3,419,908
$4,555,614
+33%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$45,222
$34,642
-23%
Investments
-
-
-
Property, Plant, & Equipment (net)
$9,878,775
$11,070,146
+12%
Other Assets
$1,635,632
$1,872,909
+15%
Total Assets
$25,098,496
$25,561,908
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$2,153,640
$1,888,943
-12%
Grants Payable
-
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$166,595
$139,665
-16%
Notes Payable / Debt (Non-Related)
$11,901,489
$11,024,812
-7%
Related-Party Payables
-
-
-
Other Liabilities
$2,901,854
$141,530
-95%
Total Liabilities
$17,123,578
$13,194,950
-23%
Net assets
2023
2024
Change
Restricted Net Assets
$1,468,721
$1,566,000
+7%
Unrestricted Net Assets
$6,506,197
$10,800,958
+66%
Net assets
2023
2024
Change
Net assets
+$7,974,918
+$12,366,958
+55%
Balance Sheet
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