Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,456,250
Other Assets
85%
Cash & Equivalents
14%
Property, Plant, & Equipment (net)
<1%
Inventories
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,299,988
Notes Payable / Debt (Non-Related)
77%
Related-Party Payables
19%
Deferred Revenue
3%
Payables & Accruals
<1%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$652,301
$489,445
-25%
Receivables (Non-Related)
$190
$0
-100%
Related-Party Receivables
$0
$0
-
Inventories
$1,902
$2,179
+15%
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$12,263
$11,050
-10%
Other Assets
$1,353,576
$2,953,576
+118%
Total Assets
$2,020,232
$3,456,250
+71%
Liabilities
2023
2024
Change
Payables & Accruals
$7,901
$7,566
-4%
Grants Payable
$0
$0
-
Deferred Revenue
$0
$35,700
-
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$1,000,000
-
Related-Party Payables
$0
$250,000
-
Other Liabilities
$3,628
$6,722
+85%
Total Liabilities
$11,529
$1,299,988
+11176%
Net assets
2023
2024
Change
Restricted Net Assets
$1,744,876
$2,139,157
+23%
Unrestricted Net Assets
$263,827
$17,105
-94%
Net assets
2023
2024
Change
Net assets
+$2,008,703
+$2,156,262
+7%