Birmingham Promise Inc
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$23,591,576
Cash & Equivalents
64%
Receivables (Non-Related)
36%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,071,795
Payables & Accruals
99%
Other Liabilities
1%
Grants Payable
0%
Deferred Revenue
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
$12,684,015
$14,998,600
+18%
Receivables (Non-Related)
-
$8,478,086
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$29,705
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$57,674
$85,185
+48%
Other Assets
-
-
-
Total Assets
$12,741,689
$23,591,576
+85%
Liabilities
2023
2024
Change
Payables & Accruals
$18,790
$1,056,030
+5520%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$15,765
-
Total Liabilities
$18,790
$1,071,795
+5604%
Net assets
2023
2024
Change
Restricted Net Assets
$12,722,899
$11,939,395
-6%
Unrestricted Net Assets
-
$10,580,386
-
Net assets
2023
2024
Change
Net assets
+$12,722,899
+$22,519,781
+77%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)