GUIDING LIGHT MISSION INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$7,482,506
Investments
60%
Property, Plant, & Equipment (net)
33%
Prepaid Expenses
5%
Cash & Equivalents
2%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$173,156
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
$1,675,871
$183,532
-89%
Receivables (Non-Related)
$258,542
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$67,289
$373,653
+455%
Investments
$2,440,619
$4,483,687
+84%
Property, Plant, & Equipment (net)
$2,400,044
$2,441,634
+2%
Other Assets
-
-
-
Total Assets
$6,842,365
$7,482,506
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$119,831
$173,156
+45%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$119,831
$173,156
+45%
Net assets
2023
2024
Change
Restricted Net Assets
$48,846
-
-
Unrestricted Net Assets
$6,673,688
$7,309,350
+10%
Net assets
2023
2024
Change
Net assets
+$6,722,534
+$7,309,350
+9%
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