Will Bright Foundation Inc
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2025 (Year End)
$1,689,457
Property, Plant, & Equipment (net)
79%
Cash & Equivalents
20%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2025 (Year End)
$293,652
Notes Payable / Debt (Non-Related)
89%
Payables & Accruals
11%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$155,833
$341,484
+119%
Receivables (Non-Related)
$10,000
$5,000
-50%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,205,306
$1,331,967
+11%
Other Assets
$1,190
$11,006
+825%
Total Assets
$1,372,329
$1,689,457
+23%
Liabilities
2024
2025
Change
Payables & Accruals
$12,731
$32,503
+155%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$123,515
$261,149
+111%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$136,246
$293,652
+116%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,236,083
$1,395,805
+13%
Net assets
2024
2025
Change
Net assets
+$1,236,083
+$1,395,805
+13%
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