Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,063,776
Cash & Equivalents
90%
Property, Plant, & Equipment (net)
7%
Prepaid Expenses
3%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$980
Other Liabilities
>99%
Payables & Accruals
0%
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%
Assets
2023
2024
Change
Cash & Equivalents
$3,175,136
$3,662,278
+15%
Receivables (Non-Related)
$637,500
$0
-100%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$20,150
$123,909
+515%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$287,845
$277,589
-4%
Other Assets
$0
$0
-
Total Assets
$4,120,631
$4,063,776
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$523,714
-
-
Grants Payable
-
-
-
Deferred Revenue
$350,000
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$980
-
Total Liabilities
$873,714
$980
-100%
Net assets
2023
2024
Change
Restricted Net Assets
$1,141,667
$500,000
-56%
Unrestricted Net Assets
$2,105,250
$3,562,796
+69%
Net assets
2023
2024
Change
Net assets
+$3,246,917
+$4,062,796
+25%