Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$409,494
Cash & Equivalents
70%
Investments
12%
Prepaid Expenses
11%
Receivables (Non-Related)
6%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$20,000
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$358,157
$287,825
-20%
Receivables (Non-Related)
-
$25,220
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$45,000
-
Investments
-
$50,000
-
Property, Plant, & Equipment (net)
$2,428
$1,449
-40%
Other Assets
$120,000
$0
-100%
Total Assets
$480,585
$409,494
-15%
Liabilities
2023
2024
Change
Payables & Accruals
$15,000
$20,000
+33%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$0
-
Total Liabilities
$15,000
$20,000
+33%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$465,585
$389,494
-16%
Net assets
2023
2024
Change
Net assets
+$465,585
+$389,494
-16%