Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,298,266
Cash & Equivalents
78%
Other Assets
19%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$571,217
Other Liabilities
94%
Payables & Accruals
6%
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
$3,077,427
$1,789,161
-42%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$4,800
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$67,184
$73,081
+9%
Other Assets
-
$431,224
-
Total Assets
$3,144,611
$2,298,266
-27%
Liabilities
2023
2024
Change
Payables & Accruals
$49,085
$36,776
-25%
Grants Payable
-
-
-
Deferred Revenue
$589,714
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$534,441
-
Total Liabilities
$638,799
$571,217
-11%
Net assets
2023
2024
Change
Restricted Net Assets
$189,000
-
-
Unrestricted Net Assets
$2,316,812
$1,727,049
-25%
Net assets
2023
2024
Change
Net assets
+$2,505,812
+$1,727,049
-31%