Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$5,631,117
Other Assets
53%
Cash & Equivalents
20%
Receivables (Non-Related)
18%
Property, Plant, & Equipment (net)
8%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,592,272
Other Liabilities
41%
Notes Payable / Debt (Non-Related)
39%
Payables & Accruals
21%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,605,894
$1,099,285
-80%
Receivables (Non-Related)
$832,104
$995,907
+20%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$63,470
$107,566
+69%
Investments
-
-
-
Property, Plant, & Equipment (net)
$482,702
$439,919
-9%
Other Assets
$1,551,346
$2,988,440
+93%
Total Assets
$8,535,516
$5,631,117
-34%
Liabilities
2023
2024
Change
Payables & Accruals
$404,146
$531,436
+31%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$1,000,000
-
Related-Party Payables
-
-
-
Other Liabilities
$1,589,266
$1,060,836
-33%
Total Liabilities
$1,993,412
$2,592,272
+30%
Net assets
2023
2024
Change
Restricted Net Assets
$50,000
$56,000
+12%
Unrestricted Net Assets
$6,492,104
$2,982,845
-54%
Net assets
2023
2024
Change
Net assets
+$6,542,104
+$3,038,845
-54%