INSPIRATION RANCH INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,261,376
Property, Plant, & Equipment (net)
75%
Cash & Equivalents
22%
Receivables (Non-Related)
3%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,176,484
Notes Payable / Debt (Non-Related)
97%
Payables & Accruals
3%
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
$1,125,534
$1,161,172
+3%
Receivables (Non-Related)
$284,101
$150,745
-47%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$9,881
$6,949
-30%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,978,316
$3,922,755
-1%
Other Assets
$69,468
$19,755
-72%
Total Assets
$5,467,300
$5,261,376
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$42,528
$55,199
+30%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,177,352
$2,121,285
-3%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,219,880
$2,176,484
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$1,008,861
$796,380
-21%
Unrestricted Net Assets
$2,238,559
$2,288,512
+2%
Net assets
2023
2024
Change
Net assets
+$3,247,420
+$3,084,892
-5%
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