Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$7,026,057
Cash & Equivalents
92%
Receivables (Non-Related)
8%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,776,179
Notes Payable / Debt (Non-Related)
70%
Deferred Revenue
21%
Payables & Accruals
6%
Related-Party Payables
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,574,192
$6,451,016
+16%
Receivables (Non-Related)
$280,000
$575,041
+105%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$5,854,192
$7,026,057
+20%
Liabilities
2023
2024
Change
Payables & Accruals
$293,282
$102,817
-65%
Grants Payable
-
-
-
Deferred Revenue
$380,000
$380,000
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,250,000
$1,250,000
+0%
Related-Party Payables
$1,358,318
$43,362
-97%
Other Liabilities
-
-
-
Total Liabilities
$3,281,600
$1,776,179
-46%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,572,592
$5,249,878
+104%
Net assets
2023
2024
Change
Net assets
+$2,572,592
+$5,249,878
+104%