Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$2,422,701
Cash & Equivalents
65%
Receivables (Non-Related)
35%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$721,050
Grants Payable
98%
Payables & Accruals
2%
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%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$501,892
$1,565,701
+212%
Receivables (Non-Related)
$1,200,668
$857,000
-29%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$1,702,560
$2,422,701
+42%
Liabilities
2023
2024
Change
Payables & Accruals
$10,000
$14,500
+45%
Grants Payable
$405,350
$706,550
+74%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$415,350
$721,050
+74%
Net assets
2023
2024
Change
Restricted Net Assets
$1,186,419
$0
-100%
Unrestricted Net Assets
$100,791
$1,701,651
+1588%
Net assets
2023
2024
Change
Net assets
+$1,287,210
+$1,701,651
+32%