Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$23,385,414
Cash & Equivalents
61%
Investments
34%
Receivables (Non-Related)
3%
Other Assets
<1%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$18,284,831
Notes Payable / Debt (Non-Related)
91%
Related-Party Payables
6%
Payables & Accruals
3%
Other Liabilities
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,843,617
$14,277,080
+82%
Receivables (Non-Related)
$764,460
$815,350
+7%
Related-Party Receivables
-
-
-
Inventories
$12,425
$6,625
-47%
Prepaid Expenses
$72,259
$102,378
+42%
Investments
$7,071,009
$7,987,720
+13%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$218,141
$196,261
-10%
Total Assets
$15,981,911
$23,385,414
+46%
Liabilities
2023
2024
Change
Payables & Accruals
$486,594
$626,121
+29%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$11,532,411
$16,612,588
+44%
Related-Party Payables
$1,034,012
$1,044,322
+1%
Other Liabilities
$22,929
$1,800
-92%
Total Liabilities
$13,075,946
$18,284,831
+40%
Net assets
2023
2024
Change
Restricted Net Assets
$1,227,433
$3,979,242
+224%
Unrestricted Net Assets
$1,678,532
$1,121,341
-33%
Net assets
2023
2024
Change
Net assets
+$2,905,965
+$5,100,583
+76%