NEW WAY MISSISSIPPI INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,506,170
Property, Plant, & Equipment (net)
66%
Cash & Equivalents
31%
Receivables (Non-Related)
2%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,364,497
Notes Payable / Debt (Non-Related)
88%
Payables & Accruals
12%
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
$383,452
$473,926
+24%
Receivables (Non-Related)
-
$23,770
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,264
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$757,048
$996,120
+32%
Other Assets
$122,089
$12,354
-90%
Total Assets
$1,265,853
$1,506,170
+19%
Liabilities
2023
2024
Change
Payables & Accruals
$88,861
$167,331
+88%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,190,359
$1,197,166
+1%
Related-Party Payables
-
-
-
Other Liabilities
$0
$0
-
Total Liabilities
$1,279,220
$1,364,497
+7%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$13,367
$141,673
-1160%
Net assets
2023
2024
Change
Net assets
-$13,367
+$141,673
-1160%
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