Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,078,976
Related-Party Receivables
58%
Cash & Equivalents
26%
Receivables (Non-Related)
13%
Prepaid Expenses
1%
Property, Plant, & Equipment (net)
<1%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$470,479
Payables & Accruals
85%
Other Liabilities
10%
Notes Payable / Debt (Non-Related)
6%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$980,503
$1,078,190
+10%
Receivables (Non-Related)
$515,482
$537,487
+4%
Related-Party Receivables
$2,040,968
$2,375,504
+16%
Inventories
-
-
-
Prepaid Expenses
$18,428
$51,308
+178%
Investments
-
-
-
Property, Plant, & Equipment (net)
$40,761
$36,487
-10%
Other Assets
-
-
-
Total Assets
$3,596,142
$4,078,976
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$395,107
$399,338
+1%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$110,902
$26,175
-76%
Related-Party Payables
-
-
-
Other Liabilities
$50,192
$44,966
-10%
Total Liabilities
$556,201
$470,479
-15%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,039,941
$3,608,497
+19%
Net assets
2023
2024
Change
Net assets
+$3,039,941
+$3,608,497
+19%