STATE DEMOCRACY PROJECT
STATE DEMOCRACY PROJECT
STATE DEMOCRACY PROJECT
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,993,683
Cash & Equivalents
68%
Receivables (Non-Related)
32%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$562,027
Payables & Accruals
>99%
Grants Payable
0%
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
$1,652,177
$3,377,323
+104%
Receivables (Non-Related)
$1,464,257
$1,616,360
+10%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,884
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$3,119,318
$4,993,683
+60%
Liabilities
2023
2024
Change
Payables & Accruals
$139,050
$562,027
+304%
Grants Payable
$19,209
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$158,259
$562,027
+255%
Net assets
2023
2024
Change
Restricted Net Assets
$2,282,894
$4,003,330
+75%
Unrestricted Net Assets
$678,165
$428,326
-37%
Net assets
2023
2024
Change
Net assets
+$2,961,059
+$4,431,656
+50%
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