FREEDOM RAIN INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$9,891,175
Property, Plant, & Equipment (net)
48%
Cash & Equivalents
42%
Other Assets
7%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,779,536
Payables & Accruals
66%
Other Liabilities
34%
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%
Assets
2023
2024
Change
Cash & Equivalents
$216,155
$4,195,835
+1841%
Receivables (Non-Related)
$463,717
$229,175
-51%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$300
$300
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,030,582
$4,783,908
+136%
Other Assets
$1,113,275
$681,957
-39%
Total Assets
$3,824,029
$9,891,175
+159%
Liabilities
2023
2024
Change
Payables & Accruals
$1,238,453
$1,179,415
-5%
Grants Payable
-
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$36,077
$0
-100%
Related-Party Payables
-
-
-
Other Liabilities
$1,023,480
$600,121
-41%
Total Liabilities
$2,298,010
$1,779,536
-23%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,526,019
$8,111,639
+432%
Net assets
2023
2024
Change
Net assets
+$1,526,019
+$8,111,639
+432%
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