CROSSETT ECONOMIC DEV FOUNDATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,975,439
Property, Plant, & Equipment (net)
59%
Cash & Equivalents
41%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$10,548
Payables & Accruals
>99%
Other Liabilities
<1%
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
$663,831
$806,894
+22%
Receivables (Non-Related)
$231,070
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$4,853
$7,115
+47%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,211,252
$1,161,430
-4%
Other Assets
-
-
-
Total Assets
$2,111,006
$1,975,439
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$15,011
$10,506
-30%
Grants Payable
-
-
-
Deferred Revenue
$148,984
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$42
$42
+0%
Total Liabilities
$164,037
$10,548
-94%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,946,969
$1,964,891
+1%
Net assets
2023
2024
Change
Net assets
+$1,946,969
+$1,964,891
+1%
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