HOPE OF GLORY MINISTRIES INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,258,043
Cash & Equivalents
51%
Property, Plant, & Equipment (net)
48%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$27,253
Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$615,196
$644,694
+5%
Receivables (Non-Related)
$5,499
$5,895
+7%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$6,693
$6,611
-1%
Investments
-
-
-
Property, Plant, & Equipment (net)
$533,345
$600,843
+13%
Other Assets
$0
$0
-
Total Assets
$1,160,733
$1,258,043
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$22,689
$27,253
+20%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$22,689
$27,253
+20%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$1,138,044
+$1,230,790
+8%
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