Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$92,222
Receivables (Non-Related)
72%
Property, Plant, & Equipment (net)
13%
Other Assets
11%
Cash & Equivalents
4%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,862,880
Related-Party Payables
74%
Notes Payable / Debt (Non-Related)
22%
Payables & Accruals
5%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$40,184
$3,633
-91%
Receivables (Non-Related)
$78,542
$66,847
-15%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$0
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$12,938
$12,008
-7%
Other Assets
$15,526
$9,734
-37%
Total Assets
$147,190
$92,222
-37%
Liabilities
2023
2024
Change
Payables & Accruals
$84,867
$87,561
+3%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$216,800
$405,258
+87%
Related-Party Payables
$1,318,061
$1,370,061
+4%
Other Liabilities
$0
-
-
Total Liabilities
$1,619,728
$1,862,880
+15%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$1,472,538
-$1,770,658
-20%
Net assets
2023
2024
Change
Net assets
-$1,472,538
-$1,770,658
-20%