CONNECT TO COMPETE INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,777,346
Cash & Equivalents
67%
Receivables (Non-Related)
33%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$83,963
Payables & Accruals
>99%
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%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,694,243
$1,196,932
-29%
Receivables (Non-Related)
$734,085
$579,461
-21%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$11,358
$953
-92%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$2,439,686
$1,777,346
-27%
Liabilities
2023
2024
Change
Payables & Accruals
$35,176
$83,963
+139%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$35,176
$83,963
+139%
Net assets
2023
2024
Change
Restricted Net Assets
$1,785,574
$1,492,608
-16%
Unrestricted Net Assets
$618,936
$200,775
-68%
Net assets
2023
2024
Change
Net assets
+$2,404,510
+$1,693,383
-30%
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