LifeFlight Foundation
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$8,070,324
Cash & Equivalents
77%
Other Assets
16%
Receivables (Non-Related)
7%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$890,374
Other Liabilities
89%
Payables & Accruals
11%
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
$4,178,399
$6,219,483
+49%
Receivables (Non-Related)
$1,034,576
$545,883
-47%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$8,498
$10,145
+19%
Investments
-
-
-
Property, Plant, & Equipment (net)
$15,295
$12,737
-17%
Other Assets
$1,582,800
$1,282,076
-19%
Total Assets
$6,819,568
$8,070,324
+18%
Liabilities
2023
2024
Change
Payables & Accruals
$46,028
$96,333
+109%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$586,076
$794,041
+35%
Total Liabilities
$632,104
$890,374
+41%
Net assets
2023
2024
Change
Restricted Net Assets
$3,573,789
$3,748,765
+5%
Unrestricted Net Assets
$2,613,675
$3,431,185
+31%
Net assets
2023
2024
Change
Net assets
+$6,187,464
+$7,179,950
+16%
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