HOPE OF LIFE INTERNATIONAL
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$10,116,457
Investments
86%
Cash & Equivalents
12%
Property, Plant, & Equipment (net)
1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$176,798
Notes Payable / Debt (Non-Related)
77%
Payables & Accruals
23%
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
$743,899
$1,258,216
+69%
Receivables (Non-Related)
$21,158
$1,921
-91%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$33,305
$41,094
+23%
Investments
$361,648
$8,671,797
+2298%
Property, Plant, & Equipment (net)
$156,966
$143,429
-9%
Other Assets
-
-
-
Total Assets
$1,316,976
$10,116,457
+668%
Liabilities
2023
2024
Change
Payables & Accruals
$70,905
$39,945
-44%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$144,965
$136,853
-6%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$215,870
$176,798
-18%
Net assets
2023
2024
Change
Restricted Net Assets
$725,405
$0
-100%
Unrestricted Net Assets
$375,701
$9,939,659
+2546%
Net assets
2023
2024
Change
Net assets
+$1,101,106
+$9,939,659
+803%
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