Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$139,299
Receivables (Non-Related)
48%
Cash & Equivalents
27%
Related-Party Receivables
24%
Prepaid Expenses
<1%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$423,901
Deferred Revenue
44%
Notes Payable / Debt (Non-Related)
35%
Payables & Accruals
21%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$74,171
$38,008
-49%
Receivables (Non-Related)
$337,167
$67,260
-80%
Related-Party Receivables
$39,294
$33,957
-14%
Inventories
-
$0
-
Prepaid Expenses
$67,774
$74
-100%
Investments
-
$0
-
Property, Plant, & Equipment (net)
-
$0
-
Other Assets
$619
$0
-100%
Total Assets
$519,025
$139,299
-73%
Liabilities
2023
2024
Change
Payables & Accruals
$29,244
$91,037
+211%
Grants Payable
-
-
-
Deferred Revenue
$580,000
$185,000
-68%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$77,874
$147,864
+90%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$687,118
$423,901
-38%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-
-$284,602
-
Net assets
2023
2024
Change
Net assets
-$168,093
-$284,602
-69%