GIDEONS PROMISE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,750,730
Investments
70%
Cash & Equivalents
17%
Receivables (Non-Related)
10%
Other Assets
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$280,565
Deferred Revenue
73%
Other Liabilities
17%
Payables & Accruals
10%
Grants Payable
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
$1,177,289
$631,630
-46%
Receivables (Non-Related)
$53,256
$381,565
+616%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$51,289
$20,496
-60%
Investments
$2,258,327
$2,621,135
+16%
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$136,350
$95,904
-30%
Total Assets
$3,676,511
$3,750,730
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$79,872
$27,981
-65%
Grants Payable
-
-
-
Deferred Revenue
$400,800
$205,658
-49%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$157,801
$46,926
-70%
Total Liabilities
$638,473
$280,565
-56%
Net assets
2023
2024
Change
Restricted Net Assets
-
$125,000
-
Unrestricted Net Assets
$3,038,038
$3,345,165
+10%
Net assets
2023
2024
Change
Net assets
+$3,038,038
+$3,470,165
+14%
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