The Hobby Center Foundation
Balance Sheet
Fiscal Year Start:
Sep 1
Assets in 2024 (Year End)
$85,546,983
Property, Plant, & Equipment (net)
64%
Investments
22%
Cash & Equivalents
7%
Receivables (Non-Related)
6%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$10,240,756
Other Liabilities
43%
Tax-Exempt Bond Liabilities
36%
Deferred Revenue
11%
Payables & Accruals
10%
Grants Payable
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,453,697
$5,753,718
+29%
Receivables (Non-Related)
$5,635,835
$5,203,652
-8%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$628,995
$806,250
+28%
Investments
$15,364,164
$19,011,941
+24%
Property, Plant, & Equipment (net)
$55,479,900
$54,666,478
-1%
Other Assets
$34,327
$104,944
+206%
Total Assets
$81,596,918
$85,546,983
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$1,045,229
$979,396
-6%
Grants Payable
-
-
-
Deferred Revenue
$986,742
$1,108,247
+12%
Tax-Exempt Bond Liabilities
$4,405,534
$3,718,267
-16%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,854,165
$4,434,846
+55%
Total Liabilities
$9,291,670
$10,240,756
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$966,449
$1,614,711
+67%
Unrestricted Net Assets
$71,338,799
$73,691,516
+3%
Net assets
2023
2024
Change
Net assets
+$72,305,248
+$75,306,227
+4%
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