Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$253,240
Cash & Equivalents
65%
Property, Plant, & Equipment (net)
30%
Other Assets
4%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$192,899
Payables & Accruals
80%
Notes Payable / Debt (Non-Related)
20%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$282,537
$165,140
-42%
Receivables (Non-Related)
$22,298
$0
-100%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$76,849
$76,849
+0%
Other Assets
$11,250
$11,251
+0%
Total Assets
$392,934
$253,240
-36%
Liabilities
2023
2024
Change
Payables & Accruals
$256,253
$153,453
-40%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$76,379
$39,446
-48%
Related-Party Payables
-
-
-
Other Liabilities
$113,000
-
-
Total Liabilities
$445,632
$192,899
-57%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$52,698
$60,341
-215%
Net assets
2023
2024
Change
Net assets
-$52,698
+$60,341
-215%