Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,606,648
Cash & Equivalents
57%
Other Assets
32%
Receivables (Non-Related)
10%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$940,771
Other Liabilities
83%
Payables & Accruals
10%
Deferred Revenue
8%
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
$679,248
$1,496,993
+120%
Receivables (Non-Related)
$511,342
$247,661
-52%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$25,768
$13,493
-48%
Investments
-
-
-
Property, Plant, & Equipment (net)
$10,059
$2,778
-72%
Other Assets
$941,786
$845,723
-10%
Total Assets
$2,168,203
$2,606,648
+20%
Liabilities
2023
2024
Change
Payables & Accruals
$104,703
$89,561
-14%
Grants Payable
-
-
-
Deferred Revenue
$14,825
$75,000
+406%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$776,210
-
Total Liabilities
$119,528
$940,771
+687%
Net assets
2023
2024
Change
Restricted Net Assets
$2,184,663
$2,010,132
-8%
Unrestricted Net Assets
-$135,988
-$344,255
-153%
Net assets
2023
2024
Change
Net assets
+$2,048,675
+$1,665,877
-19%