THE LAND CONNECTION FOUNDATION INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$713,416
Cash & Equivalents
87%
Investments
10%
Receivables (Non-Related)
3%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$256,482
Deferred Revenue
81%
Other Liabilities
10%
Custodial & Escrow Liabilities
9%
Payables & Accruals
0%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$403,731
$621,941
+54%
Receivables (Non-Related)
-
$19,924
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$62,188
$71,551
+15%
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
-
-
-
Total Assets
$465,919
$713,416
+53%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
$207,040
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$25,339
$23,442
-7%
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$24,283
$26,000
+7%
Total Liabilities
$49,622
$256,482
+417%
Net assets
2023
2024
Change
Restricted Net Assets
$54,525
$319,646
+486%
Unrestricted Net Assets
$361,772
$137,288
-62%
Net assets
2023
2024
Change
Net assets
+$416,297
+$456,934
+10%
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