THE COMMONS LAW CENTER
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$520,984
Cash & Equivalents
79%
Other Assets
12%
Receivables (Non-Related)
9%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$577,369
Other Liabilities
69%
Notes Payable / Debt (Non-Related)
21%
Payables & Accruals
8%
Related-Party Payables
2%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$10,460
$409,125
+3811%
Receivables (Non-Related)
$65,253
$48,061
-26%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,848
$3,542
-39%
Other Assets
$54,374
$60,256
+11%
Total Assets
$135,935
$520,984
+283%
Liabilities
2023
2024
Change
Payables & Accruals
$7,354
$47,800
+550%
Grants Payable
-
-
-
Deferred Revenue
-
$1,325
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$109,466
$118,909
+9%
Related-Party Payables
-
$9,000
-
Other Liabilities
$38,495
$400,335
+940%
Total Liabilities
$155,315
$577,369
+272%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
-$19,380
-$56,385
-191%
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