Family Freedom Center
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$689,284
Receivables (Non-Related)
82%
Property, Plant, & Equipment (net)
10%
Cash & Equivalents
7%
Other Assets
1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$126,021
Payables & Accruals
36%
Other Liabilities
35%
Notes Payable / Debt (Non-Related)
29%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$207,539
$50,485
-76%
Receivables (Non-Related)
$264,714
$562,595
+113%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$45,446
$68,044
+50%
Other Assets
$16,592
$8,160
-51%
Total Assets
$534,291
$689,284
+29%
Liabilities
2023
2024
Change
Payables & Accruals
$63,084
$45,530
-28%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,998
$36,708
+425%
Related-Party Payables
-
-
-
Other Liabilities
$27,817
$43,783
+57%
Total Liabilities
$97,899
$126,021
+29%
Net assets
2023
2024
Change
Restricted Net Assets
$73,554
$346,779
+371%
Unrestricted Net Assets
$362,838
$216,484
-40%
Net assets
2023
2024
Change
Net assets
+$436,392
+$563,263
+29%
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