Inner City Law Center
Inner City Law Center
Inner City Law Center
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$24,904,434
Investments
59%
Receivables (Non-Related)
16%
Other Assets
15%
Cash & Equivalents
8%
Prepaid Expenses
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$6,290,394
Other Liabilities
58%
Payables & Accruals
42%
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
$1,724,279
$1,988,141
+15%
Receivables (Non-Related)
$3,611,760
$3,903,546
+8%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$213,332
$267,847
+26%
Investments
$12,922,458
$14,767,418
+14%
Property, Plant, & Equipment (net)
$241,168
$130,388
-46%
Other Assets
$4,090,276
$3,847,094
-6%
Total Assets
$22,803,273
$24,904,434
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$2,843,510
$2,661,706
-6%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$4,308,506
$3,628,688
-16%
Total Liabilities
$7,152,016
$6,290,394
-12%
Net assets
2023
2024
Change
Restricted Net Assets
$219,807
$318,057
+45%
Unrestricted Net Assets
$15,431,450
$18,295,983
+19%
Net assets
2023
2024
Change
Net assets
+$15,651,257
+$18,614,040
+19%
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