SWEETWATER AREA MINISTRIES INC

SWEETWATER AREA MINISTRIES INC

Sweetwater, TN, US
501(c)3
EIN
62-1708628

SWEETWATER AREA MINISTRIES INC

Sweetwater, TN, US
501(c)3
EIN
62-1708628

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$757,451

Property, Plant, & Equipment (net)
61%
Cash & Equivalents
30%
Investments
5%
Inventories
3%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)

$8,501

Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$232,003
$227,228
-2%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
$23,789
$23,789
+0%
Prepaid Expenses
-
-
-
Investments
-
$41,087
-
Property, Plant, & Equipment (net)
$489,468
$461,228
-6%
Other Assets
$4,119
$4,119
+0%
Total Assets
$749,379
$757,451
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$17,355
$8,501
-51%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$17,355
$8,501
-51%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$732,024
$748,950
+2%
Net assets
2023
2024
Change
Net assets
+$732,024
+$748,950
+2%
Balance Sheet
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