Page 50 - NCCAA Finance Board Accountability
P. 50
Teresa's Nonprofit
Statement Financial Position (Balance Sheet)
As of December 31, 2025 and 2024
2025 Financial
Current Assets Current Liabilities
Cash 20,000 Accounts Payable 7,950
Investments 18,000 Salaries Payable 5,000
Accounts Receivable 12,000 Mortgage Payable 5,000 Reports
Pledges 1,150
Inventory 2,000 Total Current Liabiliaties 17,950
Prepaid Expenses 1,000
Long Term Liabilities 20,000 for Ratio
Total Current Assets 54,150 Total Liabilities 37,950
Long-Term Assets Net Assets Calculations
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
