GLOBAL PRESS INSTITUTE
GLOBAL PRESS INSTITUTE
GLOBAL PRESS INSTITUTE
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2023 (Year End)
$3,212,723
Cash & Equivalents
65%
Receivables (Non-Related)
35%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2023 (Year End)
$36,678
Payables & Accruals
87%
Other Liabilities
13%
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
2022
2023
Change
Cash & Equivalents
$2,080,517
$2,080,392
0%
Receivables (Non-Related)
$4,563,820
$1,124,630
-75%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,708
$1,708
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$31,533
$5,693
-82%
Other Assets
$300
$300
+0%
Total Assets
$6,677,878
$3,212,723
-52%
Liabilities
2022
2023
Change
Payables & Accruals
$11,049
$32,060
+190%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$227,550
-
-
Related-Party Payables
-
-
-
Other Liabilities
$4,011
$4,618
+15%
Total Liabilities
$242,610
$36,678
-85%
Net assets
2022
2023
Change
Restricted Net Assets
$4,559,120
$1,245,258
-73%
Unrestricted Net Assets
$1,876,148
$1,930,787
+3%
Net assets
2022
2023
Change
Net assets
+$6,435,268
+$3,176,045
-51%
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