IBEROAMERICAN MINISTRIES
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$781,515
Cash & Equivalents
97%
Property, Plant, & Equipment (net)
3%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$9,955
Payables & Accruals
72%
Grants Payable
28%
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%
Assets
2023
2024
Change
Cash & Equivalents
$699,593
$760,038
+9%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$50,243
$21,477
-57%
Other Assets
-
-
-
Total Assets
$749,836
$781,515
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$1,195
$7,205
+503%
Grants Payable
$2,750
$2,750
+0%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,945
$9,955
+152%
Net assets
2023
2024
Change
Restricted Net Assets
$720,907
$272,077
-62%
Unrestricted Net Assets
$24,984
$499,483
+1899%
Net assets
2023
2024
Change
Net assets
+$745,891
+$771,560
+3%
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