BREAD OF LIFE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$7,965,870
Property, Plant, & Equipment (net)
77%
Cash & Equivalents
22%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,512,942
Notes Payable / Debt (Non-Related)
92%
Payables & Accruals
8%
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
$1,686,436
$1,735,228
+3%
Receivables (Non-Related)
$336,019
$117,655
-65%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$18,864
$11,925
-37%
Investments
-
-
-
Property, Plant, & Equipment (net)
$637,295
$6,101,062
+857%
Other Assets
$3,718,304
$0
-100%
Total Assets
$6,396,918
$7,965,870
+25%
Liabilities
2023
2024
Change
Payables & Accruals
$189,671
$127,942
-33%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$79,998
$1,385,000
+1631%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$269,669
$1,512,942
+461%
Net assets
2023
2024
Change
Restricted Net Assets
$592,577
$209,315
-65%
Unrestricted Net Assets
$5,534,672
$6,243,613
+13%
Net assets
2023
2024
Change
Net assets
+$6,127,249
+$6,452,928
+5%
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