Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$539,630
Prepaid Expenses
64%
Cash & Equivalents
26%
Property, Plant, & Equipment (net)
4%
Other Assets
3%
Receivables (Non-Related)
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$27,970
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
$539,284
$140,649
-74%
Receivables (Non-Related)
$294,825
$13,370
-95%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$120,000
$346,066
+188%
Investments
-
-
-
Property, Plant, & Equipment (net)
$12,564
$22,986
+83%
Other Assets
$16,559
$16,559
+0%
Total Assets
$983,232
$539,630
-45%
Liabilities
2023
2024
Change
Payables & Accruals
$21,342
$27,970
+31%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$21,342
$27,970
+31%
Net assets
2023
2024
Change
Restricted Net Assets
$216,000
$26,000
-88%
Unrestricted Net Assets
$745,890
$485,660
-35%
Net assets
2023
2024
Change
Net assets
+$961,890
+$511,660
-47%