DOUGLAS CHEROKEE ECONOMIC AUTHORITY INC

DOUGLAS CHEROKEE ECONOMIC AUTHORITY INC

MORRISTOWN, TN, US
501(c)(3)
EIN
62-0752586

DOUGLAS CHEROKEE ECONOMIC AUTHORITY INC

MORRISTOWN, TN, US
501(c)(3)
EIN
62-0752586

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$19,418,699

Property, Plant, & Equipment (net)
50%
Cash & Equivalents
24%
Other Assets
12%
Receivables (Non-Related)
12%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$1,583,264

Payables & Accruals
65%
Other Liabilities
35%
Grants Payable
0%
Deferred Revenue
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
$4,589,904
$4,708,554
+3%
Receivables (Non-Related)
$2,548,232
$2,365,529
-7%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$47,900
$114,946
+140%
Investments
-
-
-
Property, Plant, & Equipment (net)
$7,731,882
$9,803,973
+27%
Other Assets
$2,474,326
$2,425,697
-2%
Total Assets
$17,392,244
$19,418,699
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$993,038
$1,035,298
+4%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$278,400
$547,966
+97%
Total Liabilities
$1,271,438
$1,583,264
+25%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$16,120,806
$17,835,435
+11%
Net assets
2023
2024
Change
Net assets
+$16,120,806
+$17,835,435
+11%
Balance Sheet
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