Page 23 - Finances for Non-Finance People

FINANCIAL Teresa's Nonprofit
Statement Financial Position (Balance Sheet)
As of December 31, 2025 and 2024
REPORTS 2025

FOR RATIO Current Assets 20,000 Current Liabilities 7,950
Accounts Payable
Cash
Investments

18,000
Salaries Payable
5,000
Mortgage Payable
CALCULATIONS Accounts Receivable 12,000 Total Current Liabiliaties 5,000
Pledges

1,150
2,000

Inventory
17,950

Prepaid Expenses 1,000
Long Term Liabilities 20,000
Total Current Assets 54,150 Total Liabilities 37,950
Long-Term Assets Net Assets
Equipment (net) 8,800 Unrestricted 68,900
Building (net) 98,000 Temp Restricted 55,200
Investments 130,000 Perm Restricted 128,000
Total Long-Term Assets 236,800 Total Net Assets 252,100
Total Assets 290,950 Total Liabiliaties and Net Assets 290,050