Future of Life Institute
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,348,222
Investments
58%
Prepaid Expenses
24%
Receivables (Non-Related)
9%
Cash & Equivalents
7%
Other Assets
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,259,787
Payables & Accruals
72%
Other Liabilities
28%
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
$497,112
$471,501
-5%
Receivables (Non-Related)
$135,815
$551,333
+306%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$39,325
$1,546,252
+3832%
Investments
$981,735
$3,703,916
+277%
Property, Plant, & Equipment (net)
$9,815
$5,609
-43%
Other Assets
$121,819
$69,611
-43%
Total Assets
$1,785,621
$6,348,222
+256%
Liabilities
2023
2024
Change
Payables & Accruals
$209,877
$903,654
+331%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$368,070
$356,133
-3%
Total Liabilities
$577,947
$1,259,787
+118%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,207,674
$5,088,435
+321%
Net assets
2023
2024
Change
Net assets
+$1,207,674
+$5,088,435
+321%
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