Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,446,951
Cash & Equivalents
97%
Inventories
2%
Receivables (Non-Related)
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$259,169
Payables & Accruals
85%
Other Liabilities
12%
Deferred Revenue
4%
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
$1,819,113
$2,367,000
+30%
Receivables (Non-Related)
$451,746
$35,000
-92%
Related-Party Receivables
-
-
-
Inventories
$38,412
$40,662
+6%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,641
$4,289
-24%
Other Assets
-
-
-
Total Assets
$2,314,912
$2,446,951
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$4,824
$219,554
+4451%
Grants Payable
-
-
-
Deferred Revenue
$19,500
$9,327
-52%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$670
-
-
Other Liabilities
$3,630
$30,288
+734%
Total Liabilities
$28,624
$259,169
+805%
Net assets
2023
2024
Change
Restricted Net Assets
$1,971,733
$1,865,759
-5%
Unrestricted Net Assets
$314,555
$322,023
+2%
Net assets
2023
2024
Change
Net assets
+$2,286,288
+$2,187,782
-4%