RESCUING HOPE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$466,989
Cash & Equivalents
89%
Other Assets
8%
Prepaid Expenses
2%
Investments
1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$45,119
Notes Payable / Debt (Non-Related)
83%
Payables & Accruals
17%
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
$491,294
$414,802
-16%
Receivables (Non-Related)
$100,595
$0
-100%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$7,469
-
Investments
$0
$5,861
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$48,101
$38,857
-19%
Total Assets
$639,990
$466,989
-27%
Liabilities
2023
2024
Change
Payables & Accruals
$16,827
$7,608
-55%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$48,783
$37,511
-23%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$65,610
$45,119
-31%
Net assets
2023
2024
Change
Restricted Net Assets
$153,391
$114,492
-25%
Unrestricted Net Assets
$420,989
$307,378
-27%
Net assets
2023
2024
Change
Net assets
+$574,380
+$421,870
-27%
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