MINGHUI PUBLISHING CENTER CORPORATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$911,093
Property, Plant, & Equipment (net)
64%
Cash & Equivalents
31%
Inventories
5%
Other Assets
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,949
Other Liabilities
62%
Payables & Accruals
38%
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
$315,764
$280,740
-11%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
$174,965
$46,891
-73%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$555,481
$583,256
+5%
Other Assets
$39,089
$206
-99%
Total Assets
$1,085,299
$911,093
-16%
Liabilities
2023
2024
Change
Payables & Accruals
$589
$1,133
+92%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$17,673
$1,816
-90%
Total Liabilities
$18,262
$2,949
-84%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,067,037
$908,144
-15%
Net assets
2023
2024
Change
Net assets
+$1,067,037
+$908,144
-15%
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