WORLD BIBLE SCHOOL INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$7,470,991
Investments
80%
Cash & Equivalents
13%
Property, Plant, & Equipment (net)
7%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$18,833
Other Liabilities
>99%
Payables & Accruals
0%
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
$1,050,440
$958,253
-9%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$5,304,843
$5,967,551
+12%
Property, Plant, & Equipment (net)
$523,171
$526,354
+1%
Other Assets
$21,603
$18,833
-13%
Total Assets
$6,900,057
$7,470,991
+8%
Liabilities
2023
2024
Change
Payables & Accruals
-
-
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$22,409
$18,833
-16%
Total Liabilities
$22,409
$18,833
-16%
Net assets
2023
2024
Change
Restricted Net Assets
$504,813
$604,855
+20%
Unrestricted Net Assets
$6,372,835
$6,847,303
+7%
Net assets
2023
2024
Change
Net assets
+$6,877,648
+$7,452,158
+8%
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