Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,399,176
Investments
76%
Receivables (Non-Related)
14%
Cash & Equivalents
10%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$159,365
Grants Payable
97%
Payables & Accruals
3%
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
$1,703,130
$350,558
-79%
Receivables (Non-Related)
$973,414
$470,501
-52%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$500
-
Investments
$0
$2,577,617
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$0
$0
-
Total Assets
$2,676,544
$3,399,176
+27%
Liabilities
2023
2024
Change
Payables & Accruals
$120,664
$5,365
-96%
Grants Payable
$416,000
$154,000
-63%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$536,664
$159,365
-70%
Net assets
2023
2024
Change
Restricted Net Assets
$1,672,651
$2,600,662
+55%
Unrestricted Net Assets
$467,229
$639,149
+37%
Net assets
2023
2024
Change
Net assets
+$2,139,880
+$3,239,811
+51%