Balance Sheet

Fiscal Year: 2025
May 1, 2024 – Dec 31, 2024
Assets in 2025 (Year End)
$8,083,949
Other Assets
84%
Cash & Equivalents
8%
Investments
6%
Receivables (Non-Related)
2%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2025 (Year End)
$1,566,317
Other Liabilities
51%
Payables & Accruals
47%
Deferred Revenue
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$840,868
$673,548
-20%
Receivables (Non-Related)
$170,362
$124,051
-27%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$18,810
$11,294
-40%
Investments
$493,500
$493,500
+0%
Property, Plant, & Equipment (net)
$14,840
$12,600
-15%
Other Assets
$7,206,913
$6,768,956
-6%
Total Assets
$8,745,293
$8,083,949
-8%
Liabilities
2024
2025
Change
Payables & Accruals
$868,527
$742,291
-15%
Grants Payable
-
-
-
Deferred Revenue
$209,993
$18,928
-91%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$857,773
$805,098
-6%
Total Liabilities
$1,936,293
$1,566,317
-19%
Net assets
2024
2025
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$6,809,000
$6,517,632
-4%
Net assets
2024
2025
Change
Net assets
+$6,809,000
+$6,517,632
-4%