Spirit of America Worldwide
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$32,754,021
Cash & Equivalents
85%
Receivables (Non-Related)
14%
Prepaid Expenses
<1%
Investments
<1%
Other Assets
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,113,711
Payables & Accruals
99%
Other Liabilities
1%
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
$27,069,910
$27,933,192
+3%
Receivables (Non-Related)
$7,883,496
$4,471,734
-43%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$122,798
$150,966
+23%
Investments
$116,464
$133,231
+14%
Property, Plant, & Equipment (net)
$18,742
$11,867
-37%
Other Assets
$117,862
$53,031
-55%
Total Assets
$35,329,272
$32,754,021
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$3,962,952
$1,100,265
-72%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$112,713
$13,446
-88%
Total Liabilities
$4,075,665
$1,113,711
-73%
Net assets
2023
2024
Change
Restricted Net Assets
$13,134,001
$6,574,441
-50%
Unrestricted Net Assets
$18,119,606
$25,065,869
+38%
Net assets
2023
2024
Change
Net assets
+$31,253,607
+$31,640,310
+1%
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