HEALING HANDS MINISTRIES INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$15,863,061
Investments
41%
Property, Plant, & Equipment (net)
16%
Other Assets
13%
Receivables (Non-Related)
12%
Cash & Equivalents
11%
Inventories
3%
Prepaid Expenses
3%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$4,265,453
Other Liabilities
50%
Payables & Accruals
34%
Notes Payable / Debt (Non-Related)
13%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$615,049
$1,766,232
+187%
Receivables (Non-Related)
$997,637
$1,952,450
+96%
Related-Party Receivables
$0
$0
-
Inventories
$463,545
$508,281
+10%
Prepaid Expenses
$213,277
$413,358
+94%
Investments
$7,546,103
$6,566,687
-13%
Property, Plant, & Equipment (net)
$2,698,701
$2,581,098
-4%
Other Assets
$2,410,632
$2,074,955
-14%
Total Assets
$14,944,944
$15,863,061
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$1,702,233
$1,461,948
-14%
Grants Payable
-
-
-
Deferred Revenue
$130,420
$100,998
-23%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$546,500
$562,333
+3%
Related-Party Payables
$0
$0
-
Other Liabilities
$2,465,799
$2,140,174
-13%
Total Liabilities
$4,844,952
$4,265,453
-12%
Net assets
2023
2024
Change
Restricted Net Assets
$743,075
$1,937,633
+161%
Unrestricted Net Assets
$9,356,917
$9,659,975
+3%
Net assets
2023
2024
Change
Net assets
+$10,099,992
+$11,597,608
+15%
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