INDEPENDENT ELECTRICAL CONTRACTORS OF TEXAS GULF COAST INC
Pub 78

INDEPENDENT ELECTRICAL CONTRACTORS OF TEXAS GULF COAST INC
Pub 78

Houston, TX, US
501(c)(6)
EIN
74-1503969

INDEPENDENT ELECTRICAL CONTRACTORS OF TEXAS GULF COAST INC
Pub 78

Houston, TX, US
501(c)(6)
EIN
74-1503969

Balance Sheet

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

$2,609,784

Cash & Equivalents
42%
Other Assets
41%
Receivables (Non-Related)
11%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)

$2,311,455

Other Liabilities
53%
Deferred Revenue
38%
Payables & Accruals
9%
Grants Payable
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
$354,073
$1,093,672
+209%
Receivables (Non-Related)
$107,466
$286,983
+167%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$23,292
$55,655
+139%
Investments
-
-
-
Property, Plant, & Equipment (net)
$153,100
$92,425
-40%
Other Assets
$188,612
$1,081,049
+473%
Total Assets
$826,543
$2,609,784
+216%
Liabilities
2023
2024
Change
Payables & Accruals
$34,027
$208,525
+513%
Grants Payable
-
-
-
Deferred Revenue
$750,587
$872,558
+16%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$23,636
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$270,710
$1,230,372
+354%
Total Liabilities
$1,078,960
$2,311,455
+114%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$252,417
$298,329
-218%
Net assets
2023
2024
Change
Net assets
-$252,417
+$298,329
-218%
Balance Sheet
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