FAMILY PROMISE INC
FAMILY PROMISE INC
FAMILY PROMISE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$12,237,920
Investments
52%
Cash & Equivalents
45%
Other Assets
2%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$2,998,853
Deferred Revenue
95%
Payables & Accruals
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,139,029
$5,543,415
+159%
Receivables (Non-Related)
$116,650
$40,217
-66%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$91,331
$66,680
-27%
Investments
$5,192,677
$6,333,953
+22%
Property, Plant, & Equipment (net)
$20,956
$9,851
-53%
Other Assets
-
$243,804
-
Total Assets
$7,560,643
$12,237,920
+62%
Liabilities
2023
2024
Change
Payables & Accruals
$171,531
$150,177
-12%
Grants Payable
-
-
-
Deferred Revenue
$278,200
$2,848,676
+924%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$449,731
$2,998,853
+567%
Net assets
2023
2024
Change
Restricted Net Assets
$181,617
$1,237,745
+582%
Unrestricted Net Assets
$6,929,295
$8,001,322
+15%
Net assets
2023
2024
Change
Net assets
+$7,110,912
+$9,239,067
+30%
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