DRIVE CHANGE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,544,351
Other Assets
37%
Receivables (Non-Related)
24%
Cash & Equivalents
20%
Property, Plant, & Equipment (net)
18%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,460,997
Other Liabilities
88%
Notes Payable / Debt (Non-Related)
6%
Payables & Accruals
6%
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
$1,158,529
$709,369
-39%
Receivables (Non-Related)
$550,000
$845,000
+54%
Related-Party Receivables
$0
-
-
Inventories
$0
-
-
Prepaid Expenses
$16,470
$29,570
+80%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$239,331
$654,834
+174%
Other Assets
$1,420,648
$1,305,578
-8%
Total Assets
$3,384,978
$3,544,351
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$169,484
$80,912
-52%
Grants Payable
-
-
-
Deferred Revenue
$10,000
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$89,115
-
Related-Party Payables
-
-
-
Other Liabilities
$1,384,539
$1,290,970
-7%
Total Liabilities
$1,564,023
$1,460,997
-7%
Net assets
2023
2024
Change
Restricted Net Assets
$784,416
$1,744,922
+122%
Unrestricted Net Assets
$1,036,539
$338,432
-67%
Net assets
2023
2024
Change
Net assets
+$1,820,955
+$2,083,354
+14%
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