Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,876,800
Cash & Equivalents
72%
Other Assets
13%
Prepaid Expenses
8%
Property, Plant, & Equipment (net)
5%
Receivables (Non-Related)
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$16,080,697
Other Liabilities
85%
Payables & Accruals
15%
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
$3,312,973
$2,062,105
-38%
Receivables (Non-Related)
$103,974
$56,476
-46%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$307,560
$234,352
-24%
Investments
-
-
-
Property, Plant, & Equipment (net)
$195,230
$154,339
-21%
Other Assets
$1,097,963
$369,528
-66%
Total Assets
$5,017,700
$2,876,800
-43%
Liabilities
2023
2024
Change
Payables & Accruals
$2,621,711
$2,428,774
-7%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$14,464,938
$13,651,923
-6%
Total Liabilities
$17,086,649
$16,080,697
-6%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$12,068,949
-$13,203,897
-9%
Net assets
2023
2024
Change
Net assets
-$12,068,949
-$13,203,897
-9%