Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,131,127
Receivables (Non-Related)
67%
Cash & Equivalents
33%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$732,744
Grants Payable
99%
Payables & Accruals
1%
Deferred Revenue
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
$628,785
$370,396
-41%
Receivables (Non-Related)
$3,854
$760,000
+19620%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$758
$126
-83%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,210
$605
-50%
Other Assets
-
-
-
Total Assets
$634,607
$1,131,127
+78%
Liabilities
2023
2024
Change
Payables & Accruals
$31,219
$7,744
-75%
Grants Payable
-
$725,000
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$31,219
$732,744
+2247%
Net assets
2023
2024
Change
Restricted Net Assets
$128,283
$22,325
-83%
Unrestricted Net Assets
$475,105
$376,058
-21%
Net assets
2023
2024
Change
Net assets
+$603,388
+$398,383
-34%