HOMES FOR INDEPENDENCE INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$7,877,459
Other Assets
78%
Property, Plant, & Equipment (net)
21%
Prepaid Expenses
<1%
Cash & Equivalents
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$18,102,414
Other Liabilities
89%
Notes Payable / Debt (Non-Related)
11%
Payables & Accruals
<1%
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
$29,905
$35,256
+18%
Receivables (Non-Related)
$21,783
$10,526
-52%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$27,602
$36,424
+32%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,174,207
$1,644,865
-24%
Other Assets
$4,139,198
$6,150,388
+49%
Total Assets
$6,392,695
$7,877,459
+23%
Liabilities
2023
2024
Change
Payables & Accruals
-
$9,395
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,057,537
$2,042,327
-1%
Related-Party Payables
-
-
-
Other Liabilities
$13,680,030
$16,050,692
+17%
Total Liabilities
$15,737,567
$18,102,414
+15%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$9,344,872
-$10,224,955
-9%
Net assets
2023
2024
Change
Net assets
-$9,344,872
-$10,224,955
-9%
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