Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,978,034
Cash & Equivalents
61%
Receivables (Non-Related)
34%
Other Assets
3%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$796,121
Payables & Accruals
35%
Notes Payable / Debt (Non-Related)
25%
Grants Payable
23%
Other Liabilities
11%
Deferred Revenue
6%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,829,592
$1,801,900
-36%
Receivables (Non-Related)
$967,563
$1,021,197
+6%
Related-Party Receivables
$0
-
-
Inventories
$0
-
-
Prepaid Expenses
$33,558
$45,653
+36%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$0
$20,216
-
Other Assets
$127,823
$89,068
-30%
Total Assets
$3,958,536
$2,978,034
-25%
Liabilities
2023
2024
Change
Payables & Accruals
$148,308
$280,534
+89%
Grants Payable
-
$180,610
-
Deferred Revenue
-
$49,000
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$196,000
-
Related-Party Payables
-
-
-
Other Liabilities
$197,903
$89,977
-55%
Total Liabilities
$346,211
$796,121
+130%
Net assets
2023
2024
Change
Restricted Net Assets
$2,937,175
$2,004,208
-32%
Unrestricted Net Assets
$675,150
$177,705
-74%
Net assets
2023
2024
Change
Net assets
+$3,612,325
+$2,181,913
-40%