Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,238,451
Cash & Equivalents
82%
Property, Plant, & Equipment (net)
11%
Receivables (Non-Related)
7%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$888,563
Grants Payable
98%
Payables & Accruals
1%
Notes Payable / Debt (Non-Related)
<1%
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
$201,884
$1,013,135
+402%
Receivables (Non-Related)
-
$83,440
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,722
$141,876
+3712%
Other Assets
-
-
-
Total Assets
$205,606
$1,238,451
+502%
Liabilities
2023
2024
Change
Payables & Accruals
$7,658
$11,442
+49%
Grants Payable
-
$868,696
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$9,584
$8,425
-12%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$17,242
$888,563
+5053%
Net assets
2023
2024
Change
Restricted Net Assets
-
$237,500
-
Unrestricted Net Assets
$188,364
$112,388
-40%
Net assets
2023
2024
Change
Net assets
+$188,364
+$349,888
+86%