NEW DIRECTIONS HOUSING CORPORATION
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$38,270,818
Receivables (Non-Related)
56%
Property, Plant, & Equipment (net)
34%
Other Assets
5%
Cash & Equivalents
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$14,342,172
Notes Payable / Debt (Non-Related)
86%
Payables & Accruals
12%
Other Liabilities
1%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,704,194
$1,875,606
-49%
Receivables (Non-Related)
$16,059,456
$21,307,549
+33%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$201,469
$63,217
-69%
Investments
-
-
-
Property, Plant, & Equipment (net)
$12,419,260
$13,057,548
+5%
Other Assets
$1,266,756
$1,966,898
+55%
Total Assets
$33,651,135
$38,270,818
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$1,545,950
$1,709,792
+11%
Grants Payable
-
-
-
Deferred Revenue
$88,903
$133,055
+50%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$11,034,853
$12,349,286
+12%
Related-Party Payables
-
-
-
Other Liabilities
$110,794
$150,039
+35%
Total Liabilities
$12,780,500
$14,342,172
+12%
Net assets
2023
2024
Change
Restricted Net Assets
$830,366
$860,014
+4%
Unrestricted Net Assets
$20,040,269
$23,068,632
+15%
Net assets
2023
2024
Change
Net assets
+$20,870,635
+$23,928,646
+15%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)