SOUTHERN PLAINS LAND TRUST INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,540,553
Property, Plant, & Equipment (net)
52%
Receivables (Non-Related)
35%
Cash & Equivalents
12%
Investments
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$364,228
Notes Payable / Debt (Non-Related)
69%
Other Liabilities
27%
Payables & Accruals
4%
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
$1,045,380
$529,544
-49%
Receivables (Non-Related)
$19,185
$1,568,256
+8074%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,844
$3,844
+0%
Investments
$97,371
$58,410
-40%
Property, Plant, & Equipment (net)
$19,629,087
$2,380,499
-88%
Other Assets
-
-
-
Total Assets
$20,794,867
$4,540,553
-78%
Liabilities
2023
2024
Change
Payables & Accruals
$176,056
$14,228
-92%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,386,429
$250,000
-93%
Related-Party Payables
-
-
-
Other Liabilities
$19,610
$100,000
+410%
Total Liabilities
$3,582,095
$364,228
-90%
Net assets
2023
2024
Change
Restricted Net Assets
$32,634
$167,274
+413%
Unrestricted Net Assets
$17,180,138
$4,009,051
-77%
Net assets
2023
2024
Change
Net assets
+$17,212,772
+$4,176,325
-76%
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