FREEDOM RIDE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,960,212
Property, Plant, & Equipment (net)
81%
Cash & Equivalents
19%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,138,282
Notes Payable / Debt (Non-Related)
>99%
Deferred Revenue
<1%
Payables & Accruals
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$638,930
$568,957
-11%
Receivables (Non-Related)
$22,635
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,423,237
$2,391,255
-1%
Other Assets
-
-
-
Total Assets
$3,084,802
$2,960,212
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$0
$470
-
Grants Payable
-
-
-
Deferred Revenue
-
$1,565
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,234,545
$1,136,247
-8%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,234,545
$1,138,282
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$216,015
$176,393
-18%
Unrestricted Net Assets
$1,634,242
$1,645,537
+1%
Net assets
2023
2024
Change
Net assets
+$1,850,257
+$1,821,930
-2%
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