VIRGINIA POVERTY LAW CENTER INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$3,831,924
Investments
61%
Other Assets
24%
Receivables (Non-Related)
10%
Prepaid Expenses
3%
Property, Plant, & Equipment (net)
2%
Cash & Equivalents
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,298,608
Other Liabilities
70%
Payables & Accruals
18%
Notes Payable / Debt (Non-Related)
12%
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
$110,410
$42,211
-62%
Receivables (Non-Related)
$444,889
$381,201
-14%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$51,618
$103,356
+100%
Investments
$1,768,914
$2,345,968
+33%
Property, Plant, & Equipment (net)
$68,503
$58,182
-15%
Other Assets
$1,025,381
$901,006
-12%
Total Assets
$3,469,715
$3,831,924
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$229,328
$239,285
+4%
Grants Payable
-
-
-
Deferred Revenue
$86,000
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$150,647
-
Related-Party Payables
-
-
-
Other Liabilities
$1,022,332
$908,676
-11%
Total Liabilities
$1,337,660
$1,298,608
-3%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,132,055
$2,533,316
+19%
Net assets
2023
2024
Change
Net assets
+$2,132,055
+$2,533,316
+19%
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