Wings Flights of Hope Inc
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$497,604
Cash & Equivalents
72%
Property, Plant, & Equipment (net)
28%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$414,766
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
$176,675
$358,045
+103%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$173,833
$139,559
-20%
Other Assets
-
-
-
Total Assets
$350,508
$497,604
+42%
Liabilities
2023
2024
Change
Payables & Accruals
$77,653
$39,010
-50%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$444,609
$375,756
-15%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$522,262
$414,766
-21%
Net assets
2023
2024
Change
Restricted Net Assets
-
$80,000
-
Unrestricted Net Assets
-$171,754
$2,838
-102%
Net assets
2023
2024
Change
Net assets
-$171,754
+$82,838
-148%
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