Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,977,527
Receivables (Non-Related)
63%
Cash & Equivalents
18%
Property, Plant, & Equipment (net)
10%
Other Assets
6%
Prepaid Expenses
3%
Investments
<1%
Related-Party Receivables
<1%
Inventories
0%
Liabilities in 2024 (Year End)
$4,234,105
Payables & Accruals
66%
Other Liabilities
29%
Notes Payable / Debt (Non-Related)
4%
Related-Party Payables
<1%
Deferred Revenue
<1%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$617,675
$1,228,681
+99%
Receivables (Non-Related)
$5,381,719
$4,411,920
-18%
Related-Party Receivables
-
$196
-
Inventories
-
-
-
Prepaid Expenses
$151,567
$220,626
+46%
Investments
-
$17,000
-
Property, Plant, & Equipment (net)
$927,680
$701,629
-24%
Other Assets
$907,832
$397,475
-56%
Total Assets
$7,986,473
$6,977,527
-13%
Liabilities
2023
2024
Change
Payables & Accruals
$2,464,705
$2,795,992
+13%
Grants Payable
-
-
-
Deferred Revenue
$13,637
$13,252
-3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$9,140
$8,681
-5%
Notes Payable / Debt (Non-Related)
$368,250
$160,355
-56%
Related-Party Payables
-
$40,012
-
Other Liabilities
$2,292,703
$1,215,813
-47%
Total Liabilities
$5,148,435
$4,234,105
-18%
Net assets
2023
2024
Change
Restricted Net Assets
-
$20,000
-
Unrestricted Net Assets
$2,838,038
$2,723,422
-4%
Net assets
2023
2024
Change
Net assets
+$2,838,038
+$2,743,422
-3%