Logo for "GOSPEL PARTNERS MEDIA INC dba FORTIS INSTITUTE"

GOSPEL PARTNERS MEDIA INC dba FORTIS INSTITUTE

GOSPEL PARTNERS MEDIA INC dba FORTIS INSTITUTE

Alpharetta, GA, US
501(c)(3)
EIN
45-3788065
Logo for "GOSPEL PARTNERS MEDIA INC dba FORTIS INSTITUTE"

GOSPEL PARTNERS MEDIA INC dba FORTIS INSTITUTE

Alpharetta, GA, US
501(c)(3)
EIN
45-3788065

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$9,538,531

Cash & Equivalents
78%
Property, Plant, & Equipment (net)
20%
Receivables (Non-Related)
<1%
Inventories
<1%
Investments
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$1,054,667

Notes Payable / Debt (Non-Related)
96%
Payables & Accruals
4%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,376,314
$7,432,160
+17%
Receivables (Non-Related)
$64,189
$72,382
+13%
Related-Party Receivables
$0
$0
-
Inventories
$50,207
$47,377
-6%
Prepaid Expenses
$107,900
$26,934
-75%
Investments
$0
$34,882
-
Property, Plant, & Equipment (net)
$1,973,875
$1,924,796
-2%
Other Assets
$0
$0
-
Total Assets
$8,572,485
$9,538,531
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$35,463
$47,099
+33%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,076,433
$1,007,568
-6%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,111,896
$1,054,667
-5%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$7,460,589
$8,483,864
+14%
Net assets
2023
2024
Change
Net assets
+$7,460,589
+$8,483,864
+14%
Balance Sheet
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