Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,576,580
Receivables (Non-Related)
58%
Cash & Equivalents
40%
Property, Plant, & Equipment (net)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$64,898
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
$1,588,478
$1,040,582
-34%
Receivables (Non-Related)
$0
$1,504,929
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,896
$2,081
+10%
Investments
-
-
-
Property, Plant, & Equipment (net)
$40,347
$28,988
-28%
Other Assets
$26,391
$0
-100%
Total Assets
$1,657,112
$2,576,580
+55%
Liabilities
2023
2024
Change
Payables & Accruals
$41,883
$64,898
+55%
Grants Payable
-
-
-
Deferred Revenue
$1,174
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$43,057
$64,898
+51%
Net assets
2023
2024
Change
Restricted Net Assets
$931,957
$2,317,033
+149%
Unrestricted Net Assets
$682,098
$194,649
-71%
Net assets
2023
2024
Change
Net assets
+$1,614,055
+$2,511,682
+56%