CENTER FOR BLACK EXCELLENCE AND CULTURE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$18,429,282
Property, Plant, & Equipment (net)
47%
Cash & Equivalents
26%
Receivables (Non-Related)
25%
Other Assets
1%
Investments
1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$1,931,269
Payables & Accruals
74%
Notes Payable / Debt (Non-Related)
26%
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
$8,988,608
$4,721,806
-47%
Receivables (Non-Related)
$4,319,941
$4,540,024
+5%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$42,650
$204,811
+380%
Property, Plant, & Equipment (net)
$1,503,209
$8,739,376
+481%
Other Assets
$75,015
$223,265
+198%
Total Assets
$14,929,423
$18,429,282
+23%
Liabilities
2023
2024
Change
Payables & Accruals
$469,824
$1,431,269
+205%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$500,000
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$469,824
$1,931,269
+311%
Net assets
2023
2024
Change
Restricted Net Assets
$8,422,529
$3,290,024
-61%
Unrestricted Net Assets
$6,037,070
$13,207,989
+119%
Net assets
2023
2024
Change
Net assets
+$14,459,599
+$16,498,013
+14%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)