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MICHIGAN EDUCATOR WORKFORCE INITIATIVE

MICHIGAN EDUCATOR WORKFORCE INITIATIVE

Ypsilanti, MI, US
501(c)(3)
EIN
88-2716490
Regional Funder
funder logo

MICHIGAN EDUCATOR WORKFORCE INITIATIVE

Ypsilanti, MI, US
501(c)(3)
EIN
88-2716490
Regional Funder

Balance Sheet

Fiscal Year Start:
Not available
Assets in 2024 (Year End)

$7,762,613

Receivables (Non-Related)
72%
Cash & Equivalents
28%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$2,011,959

Grants Payable
69%
Payables & Accruals
31%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$37,120
$2,173,700
+5756%
Receivables (Non-Related)
$200,000
$5,558,701
+2679%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$30,212
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$237,120
$7,762,613
+3174%
Liabilities
2023
2024
Change
Payables & Accruals
$93,545
$632,610
+576%
Grants Payable
-
$1,379,349
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$93,545
$2,011,959
+2051%
Net assets
2023
2024
Change
Restricted Net Assets
$200,000
-
-
Unrestricted Net Assets
-$56,425
$5,750,654
-10292%
Net assets
2023
2024
Change
Net assets
+$143,575
+$5,750,654
+3905%
Balance Sheet
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