JUBILEE MINISTRIES

Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$16,071,642
Property, Plant, & Equipment (net)
42%
Cash & Equivalents
31%
Inventories
15%
Investments
7%
Receivables (Non-Related)
2%
Other Assets
2%
Prepaid Expenses
1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$2,246,517
Notes Payable / Debt (Non-Related)
66%
Payables & Accruals
20%
Other Liabilities
14%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,218,499
$4,951,771
+17%
Receivables (Non-Related)
$565,773
$370,447
-35%
Related-Party Receivables
-
-
-
Inventories
$2,573,799
$2,423,191
-6%
Prepaid Expenses
$144,488
$177,415
+23%
Investments
$1,003,192
$1,086,858
+8%
Property, Plant, & Equipment (net)
$6,442,138
$6,803,831
+6%
Other Assets
$222,354
$258,129
+16%
Total Assets
$15,170,243
$16,071,642
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$412,119
$445,890
+8%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,550,162
$1,487,658
-4%
Related-Party Payables
-
-
-
Other Liabilities
$264,906
$312,969
+18%
Total Liabilities
$2,227,187
$2,246,517
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$2,243,979
$2,555,171
+14%
Unrestricted Net Assets
$10,699,077
$11,269,954
+5%
Net assets
2023
2024
Change
Net assets
+$12,943,056
+$13,825,125
+7%
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