BUILD PROMISE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,607,596
Property, Plant, & Equipment (net)
71%
Cash & Equivalents
16%
Receivables (Non-Related)
11%
Investments
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,005,010
Payables & Accruals
73%
Deferred Revenue
27%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,010,507
$911,617
-70%
Receivables (Non-Related)
$702,692
$620,000
-12%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,300
$2,965
+29%
Investments
$107,832
$114,457
+6%
Property, Plant, & Equipment (net)
$158,170
$3,958,557
+2403%
Other Assets
-
-
-
Total Assets
$3,981,501
$5,607,596
+41%
Liabilities
2023
2024
Change
Payables & Accruals
$6,656
$733,736
+10924%
Grants Payable
-
-
-
Deferred Revenue
$105,090
$271,274
+158%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$111,746
$1,005,010
+799%
Net assets
2023
2024
Change
Restricted Net Assets
$3,224,517
$4,144,065
+29%
Unrestricted Net Assets
$645,238
$458,521
-29%
Net assets
2023
2024
Change
Net assets
+$3,869,755
+$4,602,586
+19%
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