THE FAIRNESS CENTER INC
Balance Sheet
Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$5,172,377
Cash & Equivalents
68%
Other Assets
18%
Property, Plant, & Equipment (net)
12%
Prepaid Expenses
2%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,334,163
Other Liabilities
81%
Payables & Accruals
16%
Notes Payable / Debt (Non-Related)
3%
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
$3,277,552
$3,502,967
+7%
Receivables (Non-Related)
$4,250
$562
-87%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$36,960
$85,064
+130%
Investments
-
-
-
Property, Plant, & Equipment (net)
$95,257
$643,151
+575%
Other Assets
$201,920
$940,633
+366%
Total Assets
$3,615,939
$5,172,377
+43%
Liabilities
2023
2024
Change
Payables & Accruals
$122,642
$216,388
+76%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$33,950
-
Related-Party Payables
-
-
-
Other Liabilities
$227,787
$1,083,825
+376%
Total Liabilities
$350,429
$1,334,163
+281%
Net assets
2023
2024
Change
Restricted Net Assets
-
$26,901
-
Unrestricted Net Assets
$3,265,510
$3,811,313
+17%
Net assets
2023
2024
Change
Net assets
+$3,265,510
+$3,838,214
+18%
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