NEW LIFE SOLUTIONS INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,309,977
Property, Plant, & Equipment (net)
60%
Other Assets
18%
Cash & Equivalents
17%
Receivables (Non-Related)
3%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,607,175
Notes Payable / Debt (Non-Related)
55%
Other Liabilities
37%
Payables & Accruals
9%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,308,891
$558,101
-57%
Receivables (Non-Related)
$248,046
$97,295
-61%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$39,797
$56,733
+43%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,101,493
$1,990,466
-5%
Other Assets
$318,411
$607,382
+91%
Total Assets
$4,016,638
$3,309,977
-18%
Liabilities
2023
2024
Change
Payables & Accruals
$147,451
$142,184
-4%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,006,466
$877,357
-13%
Related-Party Payables
-
-
-
Other Liabilities
$309,673
$587,634
+90%
Total Liabilities
$1,463,590
$1,607,175
+10%
Net assets
2023
2024
Change
Restricted Net Assets
$121,185
$100,348
-17%
Unrestricted Net Assets
$2,431,863
$1,602,454
-34%
Net assets
2023
2024
Change
Net assets
+$2,553,048
+$1,702,802
-33%
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