Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$54,264,349
Receivables (Non-Related)
44%
Other Assets
39%
Cash & Equivalents
16%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$3,095,489
Notes Payable / Debt (Non-Related)
75%
Payables & Accruals
25%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,340,769
$8,926,209
+7%
Receivables (Non-Related)
$10,954,699
$24,042,816
+119%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$9,382
$6,783
-28%
Investments
-
-
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$16,146,949
$21,288,541
+32%
Total Assets
$35,451,799
$54,264,349
+53%
Liabilities
2023
2024
Change
Payables & Accruals
$650,033
$785,489
+21%
Grants Payable
-
-
-
Deferred Revenue
$350
$0
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$125,000
$2,310,000
+1748%
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$775,383
$3,095,489
+299%
Net assets
2023
2024
Change
Restricted Net Assets
$1,562,190
$1,446,036
-7%
Unrestricted Net Assets
$33,114,226
$49,722,824
+50%
Net assets
2023
2024
Change
Net assets
+$34,676,416
+$51,168,860
+48%