CENTER FOR APPLIED RATIONALITY
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$23,039,646
Property, Plant, & Equipment (net)
96%
Cash & Equivalents
4%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$22,460,859
Notes Payable / Debt (Non-Related)
93%
Payables & Accruals
7%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,146,513
$980,397
-81%
Receivables (Non-Related)
$25,751
$19,500
-24%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$11,833
$13,707
+16%
Investments
-
-
-
Property, Plant, & Equipment (net)
$22,817,348
$22,026,042
-3%
Other Assets
-
-
-
Total Assets
$28,001,445
$23,039,646
-18%
Liabilities
2023
2024
Change
Payables & Accruals
$1,433,464
$1,479,371
+3%
Grants Payable
-
-
-
Deferred Revenue
$293,750
$132,500
-55%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$21,870,032
$20,848,988
-5%
Related-Party Payables
-
-
-
Other Liabilities
$0
$0
-
Total Liabilities
$23,597,246
$22,460,859
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$2,553,562
$542,326
-79%
Unrestricted Net Assets
$1,850,637
$36,461
-98%
Net assets
2023
2024
Change
Net assets
+$4,404,199
+$578,787
-87%
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