Center for Christian Growth Inc
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$27,545,590
Property, Plant, & Equipment (net)
53%
Investments
43%
Cash & Equivalents
2%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$8,744,630
Related-Party Payables
81%
Deferred Revenue
16%
Payables & Accruals
2%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Assets
2023
2024
Change
Cash & Equivalents
$479,710
$657,380
+37%
Receivables (Non-Related)
$41,701
$114,680
+175%
Related-Party Receivables
$0
$0
-
Inventories
$77,103
$87,780
+14%
Prepaid Expenses
$157,136
$152,543
-3%
Investments
$8,336,901
$11,817,724
+42%
Property, Plant, & Equipment (net)
$13,677,594
$14,630,854
+7%
Other Assets
$87,829
$84,629
-4%
Total Assets
$22,857,974
$27,545,590
+21%
Liabilities
2023
2024
Change
Payables & Accruals
$166,793
$158,213
-5%
Grants Payable
-
$0
-
Deferred Revenue
$1,000,578
$1,381,788
+38%
Tax-Exempt Bond Liabilities
-
$0
-
Custodial & Escrow Liabilities
-
$0
-
Notes Payable / Debt (Non-Related)
-
$0
-
Related-Party Payables
$7,380,000
$7,120,000
-4%
Other Liabilities
$87,829
$84,629
-4%
Total Liabilities
$8,635,200
$8,744,630
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$6,784,468
$7,592,480
+12%
Unrestricted Net Assets
$7,438,306
$11,208,480
+51%
Net assets
2023
2024
Change
Net assets
+$14,222,774
+$18,800,960
+32%
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