GLOBAL HEALTH MINISTRIES
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$9,413,996
Cash & Equivalents
51%
Investments
23%
Inventories
17%
Property, Plant, & Equipment (net)
7%
Prepaid Expenses
3%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$64,757
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
$4,899,343
$4,771,741
-3%
Receivables (Non-Related)
$6,970
$26,481
+280%
Related-Party Receivables
-
-
-
Inventories
$1,125,012
$1,559,817
+39%
Prepaid Expenses
$88,020
$240,267
+173%
Investments
$1,533,980
$2,138,625
+39%
Property, Plant, & Equipment (net)
$705,935
$677,065
-4%
Other Assets
-
-
-
Total Assets
$8,359,260
$9,413,996
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$149,856
$64,757
-57%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$149,856
$64,757
-57%
Net assets
2023
2024
Change
Restricted Net Assets
$3,026,221
$3,062,205
+1%
Unrestricted Net Assets
$5,183,183
$6,287,034
+21%
Net assets
2023
2024
Change
Net assets
+$8,209,404
+$9,349,239
+14%
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