Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$70,050
Cash & Equivalents
>99%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$38,219
Other Liabilities
65%
Notes Payable / Debt (Non-Related)
34%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$105,634
$69,837
-34%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$5,000
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$355
$213
-40%
Other Assets
-
-
-
Total Assets
$110,989
$70,050
-37%
Liabilities
2023
2024
Change
Payables & Accruals
$366
$83
-77%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$15,458
$13,136
-15%
Related-Party Payables
-
-
-
Other Liabilities
$45,000
$25,000
-44%
Total Liabilities
$60,824
$38,219
-37%
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
+$50,165
+$31,831
-37%