LIFE IN ABUNDANCE INTERNATIONAL
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,825,619
Receivables (Non-Related)
91%
Cash & Equivalents
8%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$969,908
Notes Payable / Debt (Non-Related)
98%
Payables & Accruals
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$210,398
$154,109
-27%
Receivables (Non-Related)
$2,367,171
$1,657,961
-30%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$105,485
$0
-100%
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$17,049
$13,549
-21%
Total Assets
$2,700,103
$1,825,619
-32%
Liabilities
2023
2024
Change
Payables & Accruals
$51,478
$21,686
-58%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,013,773
$948,222
-6%
Related-Party Payables
-
-
-
Other Liabilities
$0
-
-
Total Liabilities
$1,065,251
$969,908
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$1,607,490
$884,413
-45%
Unrestricted Net Assets
$27,362
-$28,702
-205%
Net assets
2023
2024
Change
Net assets
+$1,634,852
+$855,711
-48%
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