SING FOR HOPE INC
Balance Sheet
Fiscal Year Start:
Aug 1
Assets in 2024 (Year End)
$5,284,179
Receivables (Non-Related)
74%
Cash & Equivalents
21%
Property, Plant, & Equipment (net)
5%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$99,605
Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,380,126
$1,088,425
-21%
Receivables (Non-Related)
$5,554,655
$3,915,668
-30%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$7,924
$6,830
-14%
Investments
-
-
-
Property, Plant, & Equipment (net)
$165,434
$271,723
+64%
Other Assets
$1,533
$1,533
+0%
Total Assets
$7,109,672
$5,284,179
-26%
Liabilities
2023
2024
Change
Payables & Accruals
$94,070
$99,605
+6%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$94,070
$99,605
+6%
Net assets
2023
2024
Change
Restricted Net Assets
$5,411,434
$3,760,037
-31%
Unrestricted Net Assets
$1,604,168
$1,424,537
-11%
Net assets
2023
2024
Change
Net assets
+$7,015,602
+$5,184,574
-26%
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