CROSSNET MINISTRIES FORMER CROSS CONNECTION MINISTRIES

CROSSNET MINISTRIES FORMER CROSS CONNECTION MINISTRIES

New Holland, PA, US
501(c)3
EIN
23-2842495

CROSSNET MINISTRIES FORMER CROSS CONNECTION MINISTRIES

New Holland, PA, US
501(c)3
EIN
23-2842495

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$7,375,556

Cash & Equivalents
50%
Property, Plant, & Equipment (net)
46%
Investments
1%
Other Assets
1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$278,498

Payables & Accruals
90%
Other Liabilities
10%
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
$3,407,872
$3,707,408
+9%
Receivables (Non-Related)
$215,000
$39,513
-82%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$21,071
$30,771
+46%
Investments
-
$105,008
-
Property, Plant, & Equipment (net)
$3,011,204
$3,411,771
+13%
Other Assets
$27,903
$81,085
+191%
Total Assets
$6,683,050
$7,375,556
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$69,600
$249,391
+258%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$27,619
$29,107
+5%
Total Liabilities
$97,219
$278,498
+186%
Net assets
2023
2024
Change
Restricted Net Assets
$1,426,860
$1,866,555
+31%
Unrestricted Net Assets
$5,158,971
$5,230,503
+1%
Net assets
2023
2024
Change
Net assets
+$6,585,831
+$7,097,058
+8%
Balance Sheet
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