LIFE CHOICES OF MEMPHIS INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$1,976,653
Cash & Equivalents
69%
Property, Plant, & Equipment (net)
28%
Prepaid Expenses
2%
Receivables (Non-Related)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$168,702
Notes Payable / Debt (Non-Related)
58%
Other Liabilities
31%
Payables & Accruals
11%
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
$1,369,579
$1,366,930
0%
Receivables (Non-Related)
$1,284
$14,773
+1051%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$31,174
$36,919
+18%
Investments
-
-
-
Property, Plant, & Equipment (net)
$643,629
$551,996
-14%
Other Assets
$6,035
$6,035
+0%
Total Assets
$2,051,701
$1,976,653
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$18,354
$17,719
-3%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$151,564
$98,577
-35%
Related-Party Payables
-
-
-
Other Liabilities
$68,245
$52,406
-23%
Total Liabilities
$238,163
$168,702
-29%
Net assets
2023
2024
Change
Restricted Net Assets
$250,999
$250,999
+0%
Unrestricted Net Assets
$1,562,539
$1,556,952
0%
Net assets
2023
2024
Change
Net assets
+$1,813,538
+$1,807,951
0%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)