Lift Jax Inc
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$7,296,256
Cash & Equivalents
51%
Property, Plant, & Equipment (net)
47%
Receivables (Non-Related)
2%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$788,602
Other Liabilities
95%
Payables & Accruals
5%
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
$3,799,818
$3,719,316
-2%
Receivables (Non-Related)
$107,367
$166,850
+55%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
-
$3,126
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,344,771
$3,400,364
+153%
Other Assets
$8,800
$6,600
-25%
Total Assets
$5,260,756
$7,296,256
+39%
Liabilities
2023
2024
Change
Payables & Accruals
$208,707
$38,602
-82%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
$0
-
Other Liabilities
$301,283
$750,000
+149%
Total Liabilities
$509,990
$788,602
+55%
Net assets
2023
2024
Change
Restricted Net Assets
$1,722,917
$1,225,767
-29%
Unrestricted Net Assets
$3,027,849
$5,281,887
+74%
Net assets
2023
2024
Change
Net assets
+$4,750,766
+$6,507,654
+37%
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