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BE READY COMMUNITY DEVELOPMENT CORPORATION

BE READY COMMUNITY DEVELOPMENT CORPORATION

Wilmington, DE, US
501(c)3
EIN
51-0381849
Regional Funder
funder logo

BE READY COMMUNITY DEVELOPMENT CORPORATION

Wilmington, DE, US
501(c)3
EIN
51-0381849
Regional Funder

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2023 (Year End)

$5,134,064

Property, Plant, & Equipment (net)
79%
Cash & Equivalents
17%
Receivables (Non-Related)
3%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2023 (Year End)

$2,400,986

Notes Payable / Debt (Non-Related)
87%
Payables & Accruals
12%
Other Liabilities
1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2022
2023
Change
Cash & Equivalents
$1,265,927
$891,771
-30%
Receivables (Non-Related)
$131,305
$140,860
+7%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$13,016
$23,525
+81%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$3,507,211
$4,039,316
+15%
Other Assets
$43,551
$38,592
-11%
Total Assets
$4,961,010
$5,134,064
+3%
Liabilities
2022
2023
Change
Payables & Accruals
$203,258
$279,662
+38%
Grants Payable
-
$0
-
Deferred Revenue
-
$0
-
Tax-Exempt Bond Liabilities
-
$0
-
Custodial & Escrow Liabilities
-
$0
-
Notes Payable / Debt (Non-Related)
$2,231,117
$2,089,868
-6%
Related-Party Payables
-
$0
-
Other Liabilities
$25,384
$31,456
+24%
Total Liabilities
$2,459,759
$2,400,986
-2%
Net assets
2022
2023
Change
Restricted Net Assets
$1,179,584
$1,032,884
-12%
Unrestricted Net Assets
$1,321,667
$1,700,194
+29%
Net assets
2022
2023
Change
Net assets
+$2,501,251
+$2,733,078
+9%
Balance Sheet
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