Hope Choice Inc
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,857,621
Property, Plant, & Equipment (net)
77%
Cash & Equivalents
23%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$956,480
Notes Payable / Debt (Non-Related)
96%
Payables & Accruals
4%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,099,790
$1,359,537
+24%
Receivables (Non-Related)
-
$0
-
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$7,972
$8,572
+8%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$4,642,949
$4,489,508
-3%
Other Assets
$2,700
$4
-100%
Total Assets
$5,753,411
$5,857,621
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$24,177
$42,453
+76%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$959,334
$914,027
-5%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$983,511
$956,480
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$207,268
$147,774
-29%
Unrestricted Net Assets
$4,562,632
$4,753,367
+4%
Net assets
2023
2024
Change
Net assets
+$4,769,900
+$4,901,141
+3%
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