Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$254,500
Receivables (Non-Related)
81%
Cash & Equivalents
9%
Inventories
6%
Property, Plant, & Equipment (net)
4%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$140,000
Notes Payable / Debt (Non-Related)
57%
Deferred Revenue
36%
Grants Payable
7%
Payables & Accruals
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,000
$22,500
+275%
Receivables (Non-Related)
$275,000
$207,000
-25%
Related-Party Receivables
-
-
-
Inventories
-
$15,000
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$38,000
$10,000
-74%
Other Assets
-
-
-
Total Assets
$319,000
$254,500
-20%
Liabilities
2023
2024
Change
Payables & Accruals
$0
-
-
Grants Payable
$0
$10,000
-
Deferred Revenue
$313,000
$50,000
-84%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$80,000
$80,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$25,000
-
-
Total Liabilities
$418,000
$140,000
-67%
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
-$99,000
+$114,500
-216%