RAISING EXPECTATIONS INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$2,812,206
Receivables (Non-Related)
46%
Cash & Equivalents
35%
Property, Plant, & Equipment (net)
19%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$645,502
Notes Payable / Debt (Non-Related)
86%
Payables & Accruals
14%
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
$349,040
$973,080
+179%
Receivables (Non-Related)
$406,838
$1,294,415
+218%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$6,879
$10,681
+55%
Investments
-
-
-
Property, Plant, & Equipment (net)
$475,369
$534,030
+12%
Other Assets
$2,500
-
-
Total Assets
$1,240,626
$2,812,206
+127%
Liabilities
2023
2024
Change
Payables & Accruals
$92,319
$91,620
-1%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$495,451
$553,882
+12%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$587,770
$645,502
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$386,143
$1,557,915
+303%
Unrestricted Net Assets
$266,713
$608,789
+128%
Net assets
2023
2024
Change
Net assets
+$652,856
+$2,166,704
+232%
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