MIRACLE FARM INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,037,018
Other Assets
55%
Investments
24%
Property, Plant, & Equipment (net)
12%
Receivables (Non-Related)
7%
Prepaid Expenses
2%
Cash & Equivalents
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$155,407
Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$33,915
$8,846
-74%
Receivables (Non-Related)
$288,499
$215,001
-25%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$46,625
$61,027
+31%
Investments
$665,681
$725,796
+9%
Property, Plant, & Equipment (net)
$304,179
$367,834
+21%
Other Assets
$376,480
$1,658,514
+341%
Total Assets
$1,715,379
$3,037,018
+77%
Liabilities
2023
2024
Change
Payables & Accruals
$98,898
$155,407
+57%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$98,898
$155,407
+57%
Net assets
2023
2024
Change
Restricted Net Assets
$242,473
$1,472,730
+507%
Unrestricted Net Assets
$1,374,008
$1,408,881
+3%
Net assets
2023
2024
Change
Net assets
+$1,616,481
+$2,881,611
+78%
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