Western Center on Law & Poverty Inc
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,403,554
Receivables (Non-Related)
52%
Cash & Equivalents
26%
Other Assets
13%
Investments
7%
Prepaid Expenses
2%
Inventories
<1%
Related-Party Receivables
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$1,832,878
Payables & Accruals
54%
Other Liabilities
46%
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
$2,239,549
$1,641,868
-27%
Receivables (Non-Related)
$3,005,586
$3,335,902
+11%
Related-Party Receivables
-
-
-
Inventories
$23,885
$23,885
+0%
Prepaid Expenses
$122,482
$127,623
+4%
Investments
$419,575
$450,193
+7%
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$1,029,070
$824,083
-20%
Total Assets
$6,840,147
$6,403,554
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$423,287
$982,703
+132%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,039,052
$850,175
-18%
Total Liabilities
$1,462,339
$1,832,878
+25%
Net assets
2023
2024
Change
Restricted Net Assets
$4,404,302
$3,824,781
-13%
Unrestricted Net Assets
$973,506
$745,895
-23%
Net assets
2023
2024
Change
Net assets
+$5,377,808
+$4,570,676
-15%
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