ONWARD A LEGACY FOUNDATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$7,978,527
Investments
60%
Cash & Equivalents
21%
Property, Plant, & Equipment (net)
12%
Receivables (Non-Related)
7%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$778,952
Other Liabilities
77%
Payables & Accruals
23%
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
$1,087,838
$1,676,709
+54%
Receivables (Non-Related)
$294,918
$525,354
+78%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$9,993
$13,545
+36%
Investments
$4,192,640
$4,818,166
+15%
Property, Plant, & Equipment (net)
$973,140
$935,753
-4%
Other Assets
$9,000
$9,000
+0%
Total Assets
$6,567,529
$7,978,527
+21%
Liabilities
2023
2024
Change
Payables & Accruals
$119,209
$177,034
+49%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$550,100
$601,918
+9%
Total Liabilities
$669,309
$778,952
+16%
Net assets
2023
2024
Change
Restricted Net Assets
$4,927,912
$6,583,628
+34%
Unrestricted Net Assets
$970,308
$615,947
-37%
Net assets
2023
2024
Change
Net assets
+$5,898,220
+$7,199,575
+22%
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