BRIGHTLANE LEARNING CORP
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$9,167,119
Receivables (Non-Related)
53%
Other Assets
27%
Cash & Equivalents
20%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$746,610
Other Liabilities
85%
Payables & Accruals
10%
Deferred Revenue
6%
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
$889,520
$1,805,377
+103%
Receivables (Non-Related)
$484,065
$4,824,657
+897%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$33,361
$25,248
-24%
Investments
-
-
-
Property, Plant, & Equipment (net)
$78,956
$64,686
-18%
Other Assets
$2,245,518
$2,447,151
+9%
Total Assets
$3,731,420
$9,167,119
+146%
Liabilities
2023
2024
Change
Payables & Accruals
$63,454
$71,721
+13%
Grants Payable
-
-
-
Deferred Revenue
$0
$42,500
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$721,421
$632,389
-12%
Total Liabilities
$784,875
$746,610
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$463,338
$5,656,699
+1121%
Unrestricted Net Assets
$2,483,207
$2,763,810
+11%
Net assets
2023
2024
Change
Net assets
+$2,946,545
+$8,420,509
+186%
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