INSPIRE TO RISE INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$910,491
Receivables (Non-Related)
55%
Cash & Equivalents
22%
Property, Plant, & Equipment (net)
16%
Other Assets
7%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$244,295
Other Liabilities
69%
Payables & Accruals
31%
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
$78,416
$201,950
+158%
Receivables (Non-Related)
$293,687
$498,278
+70%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$125,235
$149,620
+19%
Other Assets
$42,488
$60,643
+43%
Total Assets
$539,826
$910,491
+69%
Liabilities
2023
2024
Change
Payables & Accruals
$37,183
$74,757
+101%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$163,672
$169,538
+4%
Total Liabilities
$200,855
$244,295
+22%
Net assets
2023
2024
Change
Restricted Net Assets
$368,142
$695,524
+89%
Unrestricted Net Assets
-$29,171
-$29,328
-1%
Net assets
2023
2024
Change
Net assets
+$338,971
+$666,196
+97%
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