BUT GOD MINISTRIES
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,563,457
Property, Plant, & Equipment (net)
53%
Cash & Equivalents
46%
Other Assets
<1%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$485,813
Payables & Accruals
93%
Other Liabilities
6%
Deferred Revenue
1%
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
$2,154,823
$2,583,922
+20%
Receivables (Non-Related)
$19,582
$11,908
-39%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$8,299
$2,028
-76%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,525,378
$2,942,301
+93%
Other Assets
$21,048
$23,298
+11%
Total Assets
$3,729,130
$5,563,457
+49%
Liabilities
2023
2024
Change
Payables & Accruals
$16,106
$452,257
+2708%
Grants Payable
-
-
-
Deferred Revenue
$9,760
$6,000
-39%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$30,101
$27,556
-8%
Total Liabilities
$55,967
$485,813
+768%
Net assets
2023
2024
Change
Restricted Net Assets
$1,777,977
$2,456,877
+38%
Unrestricted Net Assets
$1,895,186
$2,620,767
+38%
Net assets
2023
2024
Change
Net assets
+$3,673,163
+$5,077,644
+38%
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