Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$8,817,825
Other Assets
70%
Cash & Equivalents
25%
Related-Party Receivables
5%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$469,087
Related-Party Payables
92%
Payables & Accruals
8%
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
$6,998,997
$2,204,283
-69%
Receivables (Non-Related)
$1,272,025
-
-
Related-Party Receivables
-
$432,139
-
Inventories
-
-
-
Prepaid Expenses
-
$30,768
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$19,621,285
$6,150,635
-69%
Total Assets
$27,892,307
$8,817,825
-68%
Liabilities
2023
2024
Change
Payables & Accruals
-
$36,948
-
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$36,948
$432,139
+1070%
Other Liabilities
$17,937,193
$0
-100%
Total Liabilities
$17,974,141
$469,087
-97%
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
+$9,918,166
+$8,348,738
-16%