ABLE SOUTH CAROLINA INC
Balance Sheet
Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$4,674,819
Cash & Equivalents
60%
Receivables (Non-Related)
27%
Other Assets
7%
Investments
3%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$893,663
Payables & Accruals
75%
Other Liabilities
22%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,873,964
$2,816,792
+50%
Receivables (Non-Related)
$808,216
$1,283,423
+59%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$76,876
$77,058
+0%
Investments
$136,882
$157,393
+15%
Property, Plant, & Equipment (net)
$29,559
$30,250
+2%
Other Assets
$500,111
$309,903
-38%
Total Assets
$3,425,608
$4,674,819
+36%
Liabilities
2023
2024
Change
Payables & Accruals
$552,642
$673,664
+22%
Grants Payable
-
-
-
Deferred Revenue
-
$20,910
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$411,273
$199,089
-52%
Total Liabilities
$963,915
$893,663
-7%
Net assets
2023
2024
Change
Restricted Net Assets
$329,998
$134,238
-59%
Unrestricted Net Assets
$2,131,695
$3,646,918
+71%
Net assets
2023
2024
Change
Net assets
+$2,461,693
+$3,781,156
+54%
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