
IMPROVE YOUR TOMORROW INC
IMPROVE YOUR TOMORROW INC

IMPROVE YOUR TOMORROW INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$7,484,112
Receivables (Non-Related)
55%
Property, Plant, & Equipment (net)
28%
Cash & Equivalents
15%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,176,348
Notes Payable / Debt (Non-Related)
91%
Payables & Accruals
8%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,850,489
$1,121,364
-39%
Receivables (Non-Related)
$2,510,739
$4,137,920
+65%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$51,995
$63,008
+21%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,158,858
$2,126,840
-1%
Other Assets
$17,823
$34,980
+96%
Total Assets
$6,589,904
$7,484,112
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$370,510
$260,215
-30%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,460,395
$2,898,511
+18%
Related-Party Payables
-
-
-
Other Liabilities
$269,582
$17,622
-93%
Total Liabilities
$3,100,487
$3,176,348
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$879,543
$1,590,004
+81%
Unrestricted Net Assets
$2,609,874
$2,717,760
+4%
Net assets
2023
2024
Change
Net assets
+$3,489,417
+$4,307,764
+23%
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