SPEEDWAY CHILDREN'S CHARITIES
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,200,728
Receivables (Non-Related)
52%
Cash & Equivalents
46%
Other Assets
2%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$214,995
Payables & Accruals
96%
Deferred Revenue
4%
Grants Payable
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
$740,961
$554,990
-25%
Receivables (Non-Related)
$426,811
$618,555
+45%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$21,674
$4,174
-81%
Investments
-
-
-
Property, Plant, & Equipment (net)
$831
$260
-69%
Other Assets
$23,923
$22,749
-5%
Total Assets
$1,214,200
$1,200,728
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$147,937
$206,510
+40%
Grants Payable
-
-
-
Deferred Revenue
$50,900
$8,485
-83%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$198,837
$214,995
+8%
Net assets
2023
2024
Change
Restricted Net Assets
$91,857
$0
-100%
Unrestricted Net Assets
$923,506
$985,733
+7%
Net assets
2023
2024
Change
Net assets
+$1,015,363
+$985,733
-3%
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