WINGS OF LIFE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,148,520
Property, Plant, & Equipment (net)
97%
Cash & Equivalents
3%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,772,360
Other Liabilities
>99%
Related-Party Payables
<1%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Assets
2023
2024
Change
Cash & Equivalents
$29,557
$65,107
+120%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$235,158
$2,083,413
+786%
Other Assets
$19,286
-
-
Total Assets
$284,001
$2,148,520
+657%
Liabilities
2023
2024
Change
Payables & Accruals
$3,172
$3,173
+0%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$8,641
$8,641
+0%
Other Liabilities
-$7,078
$1,760,546
-24973%
Total Liabilities
$4,735
$1,772,360
+37331%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$279,266
$376,160
+35%
Net assets
2023
2024
Change
Net assets
+$279,266
+$376,160
+35%
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