FREED Center for Independent Living Inc
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$924,609
Receivables (Non-Related)
59%
Cash & Equivalents
23%
Property, Plant, & Equipment (net)
13%
Prepaid Expenses
5%
Other Assets
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$542,033
Other Liabilities
52%
Payables & Accruals
48%
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
$98,264
$212,254
+116%
Receivables (Non-Related)
$666,824
$541,954
-19%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$22,861
$41,883
+83%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$173,641
$119,018
-31%
Other Assets
$9,500
$9,500
+0%
Total Assets
$971,090
$924,609
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$235,058
$258,023
+10%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$289,987
$284,010
-2%
Total Liabilities
$525,045
$542,033
+3%
Net assets
2023
2024
Change
Restricted Net Assets
$124,272
$73,129
-41%
Unrestricted Net Assets
$321,773
$309,447
-4%
Net assets
2023
2024
Change
Net assets
+$446,045
+$382,576
-14%
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