AFRICA NEW LIFE MINISTRIES INTERNATIONAL
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,150,531
Cash & Equivalents
56%
Receivables (Non-Related)
17%
Investments
15%
Other Assets
9%
Prepaid Expenses
3%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,981,045
Payables & Accruals
91%
Other Liabilities
9%
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
$2,097,262
$2,859,725
+36%
Receivables (Non-Related)
$156,028
$891,581
+471%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$166,947
$151,956
-9%
Investments
$887,496
$771,594
-13%
Property, Plant, & Equipment (net)
$38,245
$31,546
-18%
Other Assets
$307,903
$444,129
+44%
Total Assets
$3,653,881
$5,150,531
+41%
Liabilities
2023
2024
Change
Payables & Accruals
$1,039,657
$1,794,311
+73%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$186,734
-
Total Liabilities
$1,039,657
$1,981,045
+91%
Net assets
2023
2024
Change
Restricted Net Assets
$2,431,584
$2,983,189
+23%
Unrestricted Net Assets
$182,640
$186,297
+2%
Net assets
2023
2024
Change
Net assets
+$2,614,224
+$3,169,486
+21%
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