COMPASS-FINANCES GOD'S WAY INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,435,977
Cash & Equivalents
68%
Other Assets
27%
Inventories
5%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$339,756
Other Liabilities
98%
Payables & Accruals
2%
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
$1,150,852
$973,145
-15%
Receivables (Non-Related)
$716
-
-
Related-Party Receivables
-
-
-
Inventories
$62,409
$72,775
+17%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,321
-
-
Other Assets
$356,246
$390,057
+9%
Total Assets
$1,572,544
$1,435,977
-9%
Liabilities
2023
2024
Change
Payables & Accruals
$3,868
$7,204
+86%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$274,410
$332,552
+21%
Total Liabilities
$278,278
$339,756
+22%
Net assets
2023
2024
Change
Restricted Net Assets
$234,916
$721,531
+207%
Unrestricted Net Assets
$1,059,350
$374,690
-65%
Net assets
2023
2024
Change
Net assets
+$1,294,266
+$1,096,221
-15%
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