MGBA Inc
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$98,865
Cash & Equivalents
72%
Property, Plant, & Equipment (net)
21%
Other Assets
7%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$138,000
Notes Payable / Debt (Non-Related)
>99%
Payables & Accruals
0%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$266,716
$71,150
-73%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$22,790
$20,715
-9%
Other Assets
$7,000
$7,000
+0%
Total Assets
$296,506
$98,865
-67%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$138,000
$138,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$138,000
$138,000
+0%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$158,506
-$39,135
-125%
Net assets
2023
2024
Change
Net assets
+$158,506
-$39,135
-125%
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