PERSPECTIVE MEDIA INITIATIVES INC
Balance Sheet
Fiscal Year Start:
Dec 1
Assets in 2024 (Year End)
$21,118,322
Cash & Equivalents
99%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$741,590
Grants Payable
88%
Payables & Accruals
12%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$11,473,747
$20,883,770
+82%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$250
$31,333
+12433%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
$132,000
-
Other Assets
$65,428
$71,219
+9%
Total Assets
$11,539,425
$21,118,322
+83%
Liabilities
2023
2024
Change
Payables & Accruals
$189,965
$91,590
-52%
Grants Payable
$3,592,533
$650,000
-82%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,782,498
$741,590
-80%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$7,756,927
$20,376,732
+163%
Net assets
2023
2024
Change
Net assets
+$7,756,927
+$20,376,732
+163%
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