Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,152,130
Receivables (Non-Related)
52%
Cash & Equivalents
48%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,667,992
Grants Payable
58%
Deferred Revenue
38%
Payables & Accruals
5%
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
$452,615
$1,023,831
+126%
Receivables (Non-Related)
$1,035,535
$1,114,620
+8%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$11,320
$13,679
+21%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$0
$0
-
Total Assets
$1,499,470
$2,152,130
+44%
Liabilities
2023
2024
Change
Payables & Accruals
$34,294
$77,073
+125%
Grants Payable
$1,081,200
$961,116
-11%
Deferred Revenue
$60,072
$629,803
+948%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,175,566
$1,667,992
+42%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$323,904
$484,138
+49%
Net assets
2023
2024
Change
Net assets
+$323,904
+$484,138
+49%