THE GROUNDTRUTH PROJECT INC
THE GROUNDTRUTH PROJECT INC
THE GROUNDTRUTH PROJECT INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$12,160,461
Receivables (Non-Related)
74%
Cash & Equivalents
20%
Other Assets
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$650,980
Other Liabilities
56%
Payables & Accruals
44%
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%
Assets
2023
2024
Change
Cash & Equivalents
$1,057,717
$2,411,885
+128%
Receivables (Non-Related)
$3,581,362
$9,055,344
+153%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$86,522
$84,754
-2%
Investments
-
-
-
Property, Plant, & Equipment (net)
$0
-
-
Other Assets
$1,254,399
$608,478
-51%
Total Assets
$5,980,000
$12,160,461
+103%
Liabilities
2023
2024
Change
Payables & Accruals
$445,455
$287,417
-35%
Grants Payable
$0
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$450,472
$363,563
-19%
Total Liabilities
$895,927
$650,980
-27%
Net assets
2023
2024
Change
Restricted Net Assets
$4,078,835
$10,856,567
+166%
Unrestricted Net Assets
$1,005,238
$652,914
-35%
Net assets
2023
2024
Change
Net assets
+$5,084,073
+$11,509,481
+126%
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