Have Dreams Gratitude Report 2024

Financials

STATEMENT OF FINANCIAL POSITION HAVE DREAMS December 31, 2024

ASSETS

Current Assets Land, Buildings and Equipment (book value) Security Deposit Right of Use Contribution Receivable

1,121,532 56,056 5,257 1,486,209 276,789

2,945,843

LIABILITIES & NET ASSETS

Current Liabilities Non-current liabilities: Operating Lease Liabilities

1,680,406 289,308 1,391,098

Total Liabilities

Beginning Net Assets Prior Period adjustment Change in Net Assets

1,167,668 0 97,769

Ending Net Assets

1,265,437

TOTAL LIABILITIES & NET ASSETS

2,945,843

STATEMENT of ACTIVITY (Condensed) for the 12 Months Ended December 31, 2024 REVENUES

Contributions In-Kind Contributions Program Service Fees Special Events Revenue Unrealized Loss on Investments Miscellaneous Income

824,476 0 975,117 240,843 2,312 49,434

TOTAL REVENUES

2,092,182

Professional Fees & Contract Service Occupancy Classroom Expense Public Relations and Marketing Insurance Printing and Reproduction Other EXPENDITURES Staff Costs: Direct Care (Program) Management & General Fundraising

889,435 332,291 254,194

1,475,920 66,798 307,239

Total Personnel Costs

32,203 14,944 35,038 1,353 41,002

TOTAL EXPENSES DEPRECIATION TOTAL EXPENSES WITH DEPRECIATION TOTAL CHANGE IN NET ASSETS

1,974,497 19,916 1,994,413 97,769

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