CLEMMONS FAMILY FARM INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,891,192
Property, Plant, & Equipment (net)
60%
Cash & Equivalents
38%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$16,714
Payables & Accruals
99%
Other Liabilities
1%
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
$355,834
$1,106,344
+211%
Receivables (Non-Related)
$37,450
$51,984
+39%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$6,166
$5,844
-5%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,617,764
$1,727,020
+7%
Other Assets
$0
-
-
Total Assets
$2,017,214
$2,891,192
+43%
Liabilities
2023
2024
Change
Payables & Accruals
$8,338
$16,486
+98%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$180,000
-
-
Related-Party Payables
-
-
-
Other Liabilities
$516
$228
-56%
Total Liabilities
$188,854
$16,714
-91%
Net assets
2023
2024
Change
Restricted Net Assets
$1,596,031
$177,270
-89%
Unrestricted Net Assets
$232,329
$2,697,208
+1061%
Net assets
2023
2024
Change
Net assets
+$1,828,360
+$2,874,478
+57%
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