Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2025 (Year End)
$1,510,785
Cash & Equivalents
95%
Receivables (Non-Related)
5%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$4,011,264
Notes Payable / Debt (Non-Related)
71%
Grants Payable
29%
Payables & Accruals
<1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,481,452
$1,432,285
-3%
Receivables (Non-Related)
$66,425
$78,500
+18%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$0
$0
-
Total Assets
$1,547,877
$1,510,785
-2%
Liabilities
2024
2025
Change
Payables & Accruals
$593
$620
+5%
Grants Payable
$789,000
$1,170,630
+48%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,986,632
$2,840,014
-5%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,776,225
$4,011,264
+6%
Net assets
2024
2025
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2024
2025
Change
Net assets
-$2,228,348
-$2,500,479
-12%