Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,455,543
Receivables (Non-Related)
41%
Other Assets
25%
Cash & Equivalents
23%
Property, Plant, & Equipment (net)
9%
Prepaid Expenses
1%
Investments
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$947,852
Other Liabilities
66%
Payables & Accruals
33%
Deferred Revenue
<1%
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
$955,103
$554,913
-42%
Receivables (Non-Related)
$1,335,601
$999,413
-25%
Related-Party Receivables
-
-
-
Inventories
$1,851
$3,843
+108%
Prepaid Expenses
$19,520
$34,810
+78%
Investments
$21,630
$23,322
+8%
Property, Plant, & Equipment (net)
$244,129
$217,008
-11%
Other Assets
$814,315
$622,234
-24%
Total Assets
$3,392,149
$2,455,543
-28%
Liabilities
2023
2024
Change
Payables & Accruals
$264,559
$315,846
+19%
Grants Payable
-
-
-
Deferred Revenue
-
$6,000
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$814,315
$626,006
-23%
Total Liabilities
$1,078,874
$947,852
-12%
Net assets
2023
2024
Change
Restricted Net Assets
-
$411,291
-
Unrestricted Net Assets
-
$1,096,400
-
Net assets
2023
2024
Change
Net assets
+$2,313,275
+$1,507,691
-35%