LIFE FOR RELIEF AND DEVELOPMENT INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$10,294,318
Cash & Equivalents
94%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
2%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$641,669
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
$7,755,336
$9,717,753
+25%
Receivables (Non-Related)
$108,645
$23,693
-78%
Related-Party Receivables
-
-
-
Inventories
$14,400
$14,400
+0%
Prepaid Expenses
$649,673
$246,431
-62%
Investments
-
-
-
Property, Plant, & Equipment (net)
$336,506
$292,041
-13%
Other Assets
-
-
-
Total Assets
$8,864,560
$10,294,318
+16%
Liabilities
2023
2024
Change
Payables & Accruals
$1,134,721
$641,669
-43%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,134,721
$641,669
-43%
Net assets
2023
2024
Change
Restricted Net Assets
$7,542,487
$9,353,019
+24%
Unrestricted Net Assets
$187,352
$299,630
+60%
Net assets
2023
2024
Change
Net assets
+$7,729,839
+$9,652,649
+25%
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