MIGHTY EARTH INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,092,206
Receivables (Non-Related)
55%
Cash & Equivalents
41%
Inventories
2%
Prepaid Expenses
2%
Related-Party Receivables
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$442,314
Payables & Accruals
72%
Other Liabilities
28%
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
$1,069,605
$1,263,867
+18%
Receivables (Non-Related)
$657,392
$1,701,387
+159%
Related-Party Receivables
-
-
-
Inventories
-
$77,054
-
Prepaid Expenses
$45,031
$49,898
+11%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$5,258
$0
-100%
Total Assets
$1,777,286
$3,092,206
+74%
Liabilities
2023
2024
Change
Payables & Accruals
$321,567
$317,314
-1%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$0
$125,000
-
Total Liabilities
$321,567
$442,314
+38%
Net assets
2023
2024
Change
Restricted Net Assets
$1,949,488
$2,563,602
+32%
Unrestricted Net Assets
-$493,769
$86,290
-117%
Net assets
2023
2024
Change
Net assets
+$1,455,719
+$2,649,892
+82%
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