RURAL LAND FOUNDATION OF LINCOLN
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$7,080,379
Property, Plant, & Equipment (net)
68%
Investments
28%
Cash & Equivalents
3%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$4,792,053
Notes Payable / Debt (Non-Related)
98%
Payables & Accruals
1%
Deferred Revenue
<1%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$320,975
$243,349
-24%
Receivables (Non-Related)
$63,780
$25,062
-61%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$312,946
$16,607
-95%
Investments
$1,921,249
$2,014,990
+5%
Property, Plant, & Equipment (net)
$4,996,241
$4,780,371
-4%
Other Assets
-
-
-
Total Assets
$7,615,191
$7,080,379
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$43,023
$53,102
+23%
Grants Payable
-
-
-
Deferred Revenue
$23,503
$17,943
-24%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,975,987
$4,707,903
-5%
Related-Party Payables
-
-
-
Other Liabilities
$14,460
$13,105
-9%
Total Liabilities
$5,056,973
$4,792,053
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$1,000
$1,000
+0%
Unrestricted Net Assets
$2,557,218
$2,287,326
-11%
Net assets
2023
2024
Change
Net assets
+$2,558,218
+$2,288,326
-11%
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