Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$54,540
Cash & Equivalents
94%
Property, Plant, & Equipment (net)
6%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$425,796
Notes Payable / Debt (Non-Related)
70%
Payables & Accruals
16%
Related-Party Payables
15%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$188,423
$51,442
-73%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,131
$3,098
-25%
Other Assets
$4,549
-
-
Total Assets
$197,103
$54,540
-72%
Liabilities
2023
2024
Change
Payables & Accruals
$86,549
$66,783
-23%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$225,000
$297,113
+32%
Related-Party Payables
$7,500
$61,900
+725%
Other Liabilities
-
-
-
Total Liabilities
$319,049
$425,796
+33%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
-$121,946
-$371,256
-204%