GLEANING FOR THE WORLD INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,612,728
Cash & Equivalents
81%
Inventories
11%
Other Assets
5%
Property, Plant, & Equipment (net)
3%
Receivables (Non-Related)
<1%
Investments
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$141,345
Other Liabilities
52%
Payables & Accruals
48%
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
$281,821
$1,302,630
+362%
Receivables (Non-Related)
$40,552
$5,958
-85%
Related-Party Receivables
-
-
-
Inventories
$1,626,852
$169,474
-90%
Prepaid Expenses
$3,915
$1,203
-69%
Investments
$6,644
$5,744
-14%
Property, Plant, & Equipment (net)
$1,300,132
$51,477
-96%
Other Assets
$100,732
$76,242
-24%
Total Assets
$3,360,648
$1,612,728
-52%
Liabilities
2023
2024
Change
Payables & Accruals
$61,654
$67,401
+9%
Grants Payable
-
-
-
Deferred Revenue
$2,000
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,039,051
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$98,375
$73,944
-25%
Total Liabilities
$1,201,080
$141,345
-88%
Net assets
2023
2024
Change
Restricted Net Assets
-
$25,000
-
Unrestricted Net Assets
$2,159,568
$1,446,383
-33%
Net assets
2023
2024
Change
Net assets
+$2,159,568
+$1,471,383
-32%
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