THE MORSELIFE HOUSING CORPORATION INC
Balance Sheet
Fiscal Year Start:
Jun 1
Assets in 2024 (Year End)
$158,686,298
Property, Plant, & Equipment (net)
88%
Other Assets
10%
Cash & Equivalents
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$138,154,415
Tax-Exempt Bond Liabilities
94%
Payables & Accruals
3%
Other Liabilities
2%
Deferred Revenue
1%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,594,952
$1,344,182
-16%
Receivables (Non-Related)
$515,925
$407,337
-21%
Related-Party Receivables
-
-
-
Inventories
$171,469
$177,219
+3%
Prepaid Expenses
$879,778
$1,139,497
+30%
Investments
-
-
-
Property, Plant, & Equipment (net)
$139,606,594
$139,593,951
0%
Other Assets
$11,814,982
$16,024,112
+36%
Total Assets
$154,583,700
$158,686,298
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$2,560,326
$4,182,693
+63%
Grants Payable
-
-
-
Deferred Revenue
$1,509,049
$1,501,656
0%
Tax-Exempt Bond Liabilities
$131,477,208
$129,181,456
-2%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$11,344,118
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,995,303
$3,288,610
+10%
Total Liabilities
$149,886,004
$138,154,415
-8%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$4,697,696
$20,531,883
+337%
Net assets
2023
2024
Change
Net assets
+$4,697,696
+$20,531,883
+337%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)