Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,405,087
Cash & Equivalents
86%
Receivables (Non-Related)
14%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,897,252
Grants Payable
97%
Payables & Accruals
2%
Other Liabilities
<1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$305,021
$2,921,496
+858%
Receivables (Non-Related)
$1,617,446
$482,649
-70%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$1,849
$942
-49%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$0
$0
-
Total Assets
$1,924,316
$3,405,087
+77%
Liabilities
2023
2024
Change
Payables & Accruals
$47,858
$65,955
+38%
Grants Payable
$1,571,975
$2,805,575
+78%
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$17,632
$25,722
+46%
Total Liabilities
$1,637,465
$2,897,252
+77%
Net assets
2023
2024
Change
Restricted Net Assets
$242,555
$457,071
+88%
Unrestricted Net Assets
$44,296
$50,764
+15%
Net assets
2023
2024
Change
Net assets
+$286,851
+$507,835
+77%