Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,650,201
Receivables (Non-Related)
77%
Inventories
11%
Cash & Equivalents
10%
Prepaid Expenses
1%
Investments
<1%
Related-Party Receivables
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,618,388
Grants Payable
86%
Notes Payable / Debt (Non-Related)
14%
Payables & Accruals
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
-
$450,000
-
Receivables (Non-Related)
$250,000
$3,595,959
+1338%
Related-Party Receivables
$0
$0
-
Inventories
-
$512,890
-
Prepaid Expenses
-
$57,896
-
Investments
$0
$33,456
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$0
$0
-
Total Assets
$250,000
$4,650,201
+1760%
Liabilities
2023
2024
Change
Payables & Accruals
$0
$0
-
Grants Payable
$0
$2,263,388
-
Deferred Revenue
$0
$0
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
$250,000
$355,000
+42%
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$250,000
$2,618,388
+947%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$0
+$2,031,813
-