Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$81,529
Receivables (Non-Related)
47%
Cash & Equivalents
32%
Other Assets
21%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$1,230,720
Related-Party Payables
76%
Notes Payable / Debt (Non-Related)
16%
Payables & Accruals
8%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$25,626
$26,155
+2%
Receivables (Non-Related)
$38,274
$38,274
+0%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$98,474
$17,100
-83%
Total Assets
$162,374
$81,529
-50%
Liabilities
2023
2024
Change
Payables & Accruals
$24,792
$97,654
+294%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$200,000
-
Related-Party Payables
$980,816
$933,066
-5%
Other Liabilities
$83,150
$0
-100%
Total Liabilities
$1,088,758
$1,230,720
+13%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$926,384
-$1,149,191
-24%
Net assets
2023
2024
Change
Net assets
-$926,384
-$1,149,191
-24%