Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,816,200
Cash & Equivalents
55%
Receivables (Non-Related)
33%
Property, Plant, & Equipment (net)
6%
Other Assets
4%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$403,325
Payables & Accruals
62%
Deferred Revenue
38%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$521,618
$1,007,494
+93%
Receivables (Non-Related)
$501,956
$600,501
+20%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,093
$29,349
+849%
Investments
-
-
-
Property, Plant, & Equipment (net)
$147,054
$106,153
-28%
Other Assets
$72,703
$72,703
+0%
Total Assets
$1,246,424
$1,816,200
+46%
Liabilities
2023
2024
Change
Payables & Accruals
$232,003
$251,147
+8%
Grants Payable
-
-
-
Deferred Revenue
$5,000
$152,178
+2944%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$237,003
$403,325
+70%
Net assets
2023
2024
Change
Restricted Net Assets
$350,889
$298,051
-15%
Unrestricted Net Assets
$658,532
$1,114,824
+69%
Net assets
2023
2024
Change
Net assets
+$1,009,421
+$1,412,875
+40%