Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,804,805
Investments
69%
Prepaid Expenses
23%
Cash & Equivalents
5%
Receivables (Non-Related)
2%
Other Assets
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$5,170,046
Notes Payable / Debt (Non-Related)
88%
Other Liabilities
6%
Payables & Accruals
6%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$89,166
$259,479
+191%
Receivables (Non-Related)
$139,313
$87,726
-37%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,646,760
$1,089,289
-70%
Investments
$3,317,414
$3,317,414
+0%
Property, Plant, & Equipment (net)
$534
$40
-93%
Other Assets
$81,789
$50,857
-38%
Total Assets
$7,274,976
$4,804,805
-34%
Liabilities
2023
2024
Change
Payables & Accruals
$162,796
$285,750
+76%
Grants Payable
-
-
-
Deferred Revenue
$32,405
$13,888
-57%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,126,540
$4,564,840
-25%
Related-Party Payables
-
-
-
Other Liabilities
$1,070,194
$305,568
-71%
Total Liabilities
$7,391,935
$5,170,046
-30%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$116,959
-$365,241
-212%
Net assets
2023
2024
Change
Net assets
-$116,959
-$365,241
-212%