ARTISTS IN CHRISTIAN TESTIMONY INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,022,480
Cash & Equivalents
51%
Investments
46%
Receivables (Non-Related)
4%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,156
Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,545,153
$3,043,967
+20%
Receivables (Non-Related)
$216,467
$223,238
+3%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$2,271,177
$2,755,275
+21%
Property, Plant, & Equipment (net)
$5,387
-
-
Other Assets
-
-
-
Total Assets
$5,038,184
$6,022,480
+20%
Liabilities
2023
2024
Change
Payables & Accruals
$1,115
$2,156
+93%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,115
$2,156
+93%
Net assets
2023
2024
Change
Restricted Net Assets
$4,833,348
$5,458,261
+13%
Unrestricted Net Assets
$203,721
$562,063
+176%
Net assets
2023
2024
Change
Net assets
+$5,037,069
+$6,020,324
+20%
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