REINS OF LIFE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,322,942
Cash & Equivalents
53%
Property, Plant, & Equipment (net)
47%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$107,436
Deferred Revenue
73%
Payables & Accruals
27%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,457,390
$2,285,656
+57%
Receivables (Non-Related)
$19,638
$4,348
-78%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$20,443
$22,606
+11%
Investments
$5,963
-
-
Property, Plant, & Equipment (net)
$1,802,045
$2,010,332
+12%
Other Assets
-
-
-
Total Assets
$3,305,479
$4,322,942
+31%
Liabilities
2023
2024
Change
Payables & Accruals
$27,685
$29,239
+6%
Grants Payable
-
-
-
Deferred Revenue
$80,810
$78,197
-3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$108,495
$107,436
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$641,769
$1,386,416
+116%
Unrestricted Net Assets
$2,555,215
$2,829,090
+11%
Net assets
2023
2024
Change
Net assets
+$3,196,984
+$4,215,506
+32%
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