MAGNOLIA CLUBHOUSE INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$9,410,237
Investments
55%
Property, Plant, & Equipment (net)
29%
Receivables (Non-Related)
8%
Other Assets
5%
Cash & Equivalents
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$182,907
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$209,906
$237,994
+13%
Receivables (Non-Related)
$34,783
$763,050
+2094%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$23,076
$3,518
-85%
Investments
$4,710,958
$5,144,313
+9%
Property, Plant, & Equipment (net)
$2,763,869
$2,769,779
+0%
Other Assets
$153,446
$491,583
+220%
Total Assets
$7,896,038
$9,410,237
+19%
Liabilities
2023
2024
Change
Payables & Accruals
$255,035
$182,907
-28%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$255,035
$182,907
-28%
Net assets
2023
2024
Change
Restricted Net Assets
$727,316
$1,158,077
+59%
Unrestricted Net Assets
$6,913,687
$8,069,253
+17%
Net assets
2023
2024
Change
Net assets
+$7,641,003
+$9,227,330
+21%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)