LEGACY MINISTRIES INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$918,631
Property, Plant, & Equipment (net)
58%
Investments
22%
Cash & Equivalents
21%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$27,621
Deferred Revenue
79%
Other Liabilities
21%
Payables & Accruals
0%
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
$209,674
$188,596
-10%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$192,961
$200,612
+4%
Property, Plant, & Equipment (net)
$559,502
$529,423
-5%
Other Assets
-
-
-
Total Assets
$962,137
$918,631
-5%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
$21,837
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$8,533
$5,784
-32%
Total Liabilities
$8,533
$27,621
+224%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$953,604
$891,010
-7%
Net assets
2023
2024
Change
Net assets
+$953,604
+$891,010
-7%
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