USA WEIGHTLIFTING INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,294,113
Investments
63%
Cash & Equivalents
17%
Receivables (Non-Related)
15%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
2%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,908,141
Deferred Revenue
65%
Payables & Accruals
26%
Other Liabilities
9%
Grants Payable
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
$581,753
$715,253
+23%
Receivables (Non-Related)
$150,530
$631,705
+320%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$157,563
$71,461
-55%
Investments
$2,882,677
$2,718,895
-6%
Property, Plant, & Equipment (net)
$100,759
$143,962
+43%
Other Assets
$12,837
$12,837
+0%
Total Assets
$3,886,119
$4,294,113
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$471,042
$500,990
+6%
Grants Payable
-
-
-
Deferred Revenue
$1,245,656
$1,237,914
-1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$169,237
$169,237
+0%
Total Liabilities
$1,885,935
$1,908,141
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$200,510
$200,510
+0%
Unrestricted Net Assets
$1,799,674
$2,185,462
+21%
Net assets
2023
2024
Change
Net assets
+$2,000,184
+$2,385,972
+19%
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