CATHOLIC ANSWERS INC
CATHOLIC ANSWERS INC
CATHOLIC ANSWERS INC
Balance Sheet
Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)
$4,094,358
Cash & Equivalents
65%
Inventories
12%
Other Assets
8%
Prepaid Expenses
7%
Receivables (Non-Related)
6%
Property, Plant, & Equipment (net)
2%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,288,396
Payables & Accruals
62%
Other Liabilities
26%
Deferred Revenue
11%
Grants Payable
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
$2,102,795
$2,664,677
+27%
Receivables (Non-Related)
$126,111
$228,478
+81%
Related-Party Receivables
-
-
-
Inventories
$632,467
$499,873
-21%
Prepaid Expenses
$292,400
$268,634
-8%
Investments
-
-
-
Property, Plant, & Equipment (net)
$111,525
$89,162
-20%
Other Assets
$572,984
$343,534
-40%
Total Assets
$3,838,282
$4,094,358
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$785,671
$799,767
+2%
Grants Payable
-
-
-
Deferred Revenue
$143,579
$147,817
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$568,156
$340,812
-40%
Total Liabilities
$1,497,406
$1,288,396
-14%
Net assets
2023
2024
Change
Restricted Net Assets
$27,986
$29,014
+4%
Unrestricted Net Assets
$2,312,890
$2,776,948
+20%
Net assets
2023
2024
Change
Net assets
+$2,340,876
+$2,805,962
+20%
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