Living on the Edge Ministries Inc
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$10,679,476
Cash & Equivalents
50%
Investments
28%
Other Assets
12%
Property, Plant, & Equipment (net)
7%
Inventories
1%
Prepaid Expenses
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$1,698,802
Other Liabilities
76%
Payables & Accruals
24%
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%
Assets
2023
2024
Change
Cash & Equivalents
$4,982,032
$5,345,630
+7%
Receivables (Non-Related)
$29,753
$17,977
-40%
Related-Party Receivables
$0
$0
-
Inventories
$176,004
$149,455
-15%
Prepaid Expenses
$344,283
$146,393
-57%
Investments
$2,927,183
$2,999,497
+2%
Property, Plant, & Equipment (net)
$854,741
$785,286
-8%
Other Assets
$1,586,198
$1,235,238
-22%
Total Assets
$10,900,194
$10,679,476
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$585,218
$407,390
-30%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
$0
-
Other Liabilities
$1,654,967
$1,291,412
-22%
Total Liabilities
$2,240,185
$1,698,802
-24%
Net assets
2023
2024
Change
Restricted Net Assets
$705,317
$1,012,162
+44%
Unrestricted Net Assets
$7,954,692
$7,968,512
+0%
Net assets
2023
2024
Change
Net assets
+$8,660,009
+$8,980,674
+4%
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