SHARED BLESSINGS INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$967,907
Property, Plant, & Equipment (net)
65%
Cash & Equivalents
35%
Inventories
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$80,777
Notes Payable / Debt (Non-Related)
91%
Payables & Accruals
9%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$494,381
$340,269
-31%
Receivables (Non-Related)
$0
$0
-
Related-Party Receivables
$0
$0
-
Inventories
$1,162
$1,162
+0%
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$658,160
$626,476
-5%
Other Assets
$1
$0
-100%
Total Assets
$1,153,704
$967,907
-16%
Liabilities
2023
2024
Change
Payables & Accruals
$1,262
$7,241
+474%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$78,450
$73,536
-6%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$79,712
$80,777
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$407,654
$373,858
-8%
Unrestricted Net Assets
$666,338
$513,272
-23%
Net assets
2023
2024
Change
Net assets
+$1,073,992
+$887,130
-17%
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