ASIAN HOPE INC
Balance Sheet
Fiscal Year Start:
Aug 1
Assets in 2024 (Year End)
$5,636,210
Property, Plant, & Equipment (net)
50%
Other Assets
27%
Cash & Equivalents
22%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,404,339
Notes Payable / Debt (Non-Related)
79%
Deferred Revenue
11%
Payables & Accruals
5%
Related-Party Payables
4%
Other Liabilities
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$859,509
$1,259,446
+47%
Receivables (Non-Related)
$32,995
$52,879
+60%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$53,647
$18,834
-65%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,558,573
$2,795,930
+79%
Other Assets
$979,604
$1,509,121
+54%
Total Assets
$3,484,328
$5,636,210
+62%
Liabilities
2023
2024
Change
Payables & Accruals
$48,434
$110,133
+127%
Grants Payable
-
-
-
Deferred Revenue
$131,002
$270,511
+106%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$1,892,560
-
Related-Party Payables
$110,000
$100,000
-9%
Other Liabilities
$23,682
$31,135
+31%
Total Liabilities
$313,118
$2,404,339
+668%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,171,210
$3,231,871
+2%
Net assets
2023
2024
Change
Net assets
+$3,171,210
+$3,231,871
+2%
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