PRACTICAL FARMERS OF IOWA
Balance Sheet
Fiscal Year Start:
Oct 1
Assets in 2024 (Year End)
$13,608,462
Receivables (Non-Related)
46%
Investments
33%
Cash & Equivalents
15%
Other Assets
5%
Property, Plant, & Equipment (net)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$998,034
Payables & Accruals
79%
Other Liabilities
17%
Deferred Revenue
4%
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
$767,347
$2,040,591
+166%
Receivables (Non-Related)
$4,065,395
$6,231,634
+53%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$10,502
$26,589
+153%
Investments
$3,084,476
$4,444,922
+44%
Property, Plant, & Equipment (net)
$211,080
$183,103
-13%
Other Assets
$410,841
$681,623
+66%
Total Assets
$8,549,641
$13,608,462
+59%
Liabilities
2023
2024
Change
Payables & Accruals
$187,077
$788,686
+322%
Grants Payable
-
-
-
Deferred Revenue
$570,610
$35,253
-94%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$174,095
-
Total Liabilities
$757,687
$998,034
+32%
Net assets
2023
2024
Change
Restricted Net Assets
$4,546,694
$9,982,558
+120%
Unrestricted Net Assets
$3,245,260
$2,627,870
-19%
Net assets
2023
2024
Change
Net assets
+$7,791,954
+$12,610,428
+62%
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