GOOD TIDINGS FOUNDATION
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$13,623,889
Investments
93%
Cash & Equivalents
4%
Other Assets
1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$637,713
Grants Payable
64%
Notes Payable / Debt (Non-Related)
29%
Other Liabilities
5%
Payables & Accruals
2%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$616,828
$611,798
-1%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$0
$30,291
-
Investments
$12,351,928
$12,668,735
+3%
Property, Plant, & Equipment (net)
$209,048
$131,751
-37%
Other Assets
$181,314
$181,314
+0%
Total Assets
$13,359,118
$13,623,889
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$13,194
$15,393
+17%
Grants Payable
$400,000
$410,000
+3%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$186,992
$182,760
-2%
Related-Party Payables
-
-
-
Other Liabilities
$17,444
$29,560
+69%
Total Liabilities
$617,630
$637,713
+3%
Net assets
2023
2024
Change
Restricted Net Assets
$10,123,824
$0
-100%
Unrestricted Net Assets
$2,617,664
$12,986,176
+396%
Net assets
2023
2024
Change
Net assets
+$12,741,488
+$12,986,176
+2%
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