Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$1,027,040
Cash & Equivalents
62%
Receivables (Non-Related)
33%
Property, Plant, & Equipment (net)
5%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$573,440
Related-Party Payables
94%
Payables & Accruals
6%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$984,205
$631,695
-36%
Receivables (Non-Related)
-
$335,695
-
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$59,886
$51,617
-14%
Other Assets
$8,033
$8,033
+0%
Total Assets
$1,052,124
$1,027,040
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$46,864
$35,250
-25%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$471,819
$538,190
+14%
Other Liabilities
$0
$0
-
Total Liabilities
$518,683
$573,440
+11%
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
+$533,441
+$453,600
-15%