South Carolina Legal Services
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$16,072,055
Cash & Equivalents
87%
Property, Plant, & Equipment (net)
10%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$5,524,965
Deferred Revenue
71%
Payables & Accruals
26%
Notes Payable / Debt (Non-Related)
2%
Other Liabilities
<1%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$13,613,609
$13,963,013
+3%
Receivables (Non-Related)
$416,305
$339,972
-18%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$159,471
$158,386
-1%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,718,120
$1,556,458
-9%
Other Assets
$66,025
$54,226
-18%
Total Assets
$15,973,530
$16,072,055
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,688,902
$1,409,626
-17%
Grants Payable
-
-
-
Deferred Revenue
$3,662,382
$3,921,911
+7%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$24,699
$30,979
+25%
Notes Payable / Debt (Non-Related)
$156,266
$109,737
-30%
Related-Party Payables
$0
$0
-
Other Liabilities
$64,843
$52,712
-19%
Total Liabilities
$5,597,092
$5,524,965
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$273,534
$256,707
-6%
Unrestricted Net Assets
$10,102,904
$10,290,383
+2%
Net assets
2023
2024
Change
Net assets
+$10,376,438
+$10,547,090
+2%
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