HOUSING AMERICA CORPORATION
Balance Sheet
Fiscal Year Start:
Apr 1
Assets in 2025 (Year End)
$12,842,224
Cash & Equivalents
42%
Inventories
41%
Property, Plant, & Equipment (net)
9%
Other Assets
5%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2025 (Year End)
$2,751,461
Notes Payable / Debt (Non-Related)
93%
Payables & Accruals
6%
Other Liabilities
1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$4,871,929
$5,442,989
+12%
Receivables (Non-Related)
$492,006
$231,768
-53%
Related-Party Receivables
-
-
-
Inventories
$2,134,985
$5,277,498
+147%
Prepaid Expenses
$42,854
$41,652
-3%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,325,680
$1,208,970
-9%
Other Assets
$614,570
$639,347
+4%
Total Assets
$9,482,024
$12,842,224
+35%
Liabilities
2024
2025
Change
Payables & Accruals
$73,773
$152,344
+107%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$870,458
$2,563,408
+194%
Related-Party Payables
-
-
-
Other Liabilities
$33,488
$35,709
+7%
Total Liabilities
$977,719
$2,751,461
+181%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$8,504,305
$10,090,763
+19%
Net assets
2024
2025
Change
Net assets
+$8,504,305
+$10,090,763
+19%
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