Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,378,099
Cash & Equivalents
71%
Prepaid Expenses
10%
Other Assets
9%
Property, Plant, & Equipment (net)
9%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,023,965
Payables & Accruals
68%
Other Liabilities
32%
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%
Assets
2023
2024
Change
Cash & Equivalents
$3,230,205
$2,402,651
-26%
Receivables (Non-Related)
$16,250
$15,906
-2%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$351,318
$353,000
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,080
$300,901
+9670%
Other Assets
$456,070
$305,641
-33%
Total Assets
$4,056,923
$3,378,099
-17%
Liabilities
2023
2024
Change
Payables & Accruals
$131,141
$700,124
+434%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$380,511
$323,841
-15%
Total Liabilities
$511,652
$1,023,965
+100%
Net assets
2023
2024
Change
Restricted Net Assets
$864,461
$809,753
-6%
Unrestricted Net Assets
$2,680,810
$1,544,381
-42%
Net assets
2023
2024
Change
Net assets
+$3,545,271
+$2,354,134
-34%