AMERICAN LIGHTWEIGHT MATERIALS MANUFACTURING INNOVATION INSTITUTE

AMERICAN LIGHTWEIGHT MATERIALS MANUFACTURING INNOVATION INSTITUTE

Detroit, MI, US
501(c)3
EIN
46-3793024

AMERICAN LIGHTWEIGHT MATERIALS MANUFACTURING INNOVATION INSTITUTE

Detroit, MI, US
501(c)3
EIN
46-3793024

Balance Sheet

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

$59,589,788

Property, Plant, & Equipment (net)
49%
Cash & Equivalents
23%
Receivables (Non-Related)
11%
Investments
8%
Other Assets
7%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$13,184,305

Payables & Accruals
59%
Other Liabilities
40%
Deferred Revenue
<1%
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
$12,919,417
$13,895,271
+8%
Receivables (Non-Related)
$6,314,123
$6,609,054
+5%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$741,513
$420,448
-43%
Investments
$5,007,972
$4,962,736
-1%
Property, Plant, & Equipment (net)
$27,928,381
$29,469,844
+6%
Other Assets
$4,307,747
$4,232,435
-2%
Total Assets
$57,219,153
$59,589,788
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$9,382,609
$7,815,556
-17%
Grants Payable
-
-
-
Deferred Revenue
$2,059,394
$38,718
-98%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$5,510,817
$5,330,031
-3%
Total Liabilities
$16,952,820
$13,184,305
-22%
Net assets
2023
2024
Change
Restricted Net Assets
$100,000
$1,000,000
+900%
Unrestricted Net Assets
$40,166,333
$45,405,483
+13%
Net assets
2023
2024
Change
Net assets
+$40,266,333
+$46,405,483
+15%
Balance Sheet
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