Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$13,606,021
Investments
38%
Cash & Equivalents
36%
Receivables (Non-Related)
26%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$10,243,069
Notes Payable / Debt (Non-Related)
70%
Other Liabilities
29%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,244,465
$4,877,185
+292%
Receivables (Non-Related)
$1,847,261
$3,568,275
+93%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$4,678
$5,380
+15%
Investments
$5,560,627
$5,150,119
-7%
Property, Plant, & Equipment (net)
-
$5,062
-
Other Assets
-
-
-
Total Assets
$8,657,031
$13,606,021
+57%
Liabilities
2023
2024
Change
Payables & Accruals
$13,033
$33,069
+154%
Grants Payable
-
-
-
Deferred Revenue
$4,246
$0
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,700,000
$7,200,000
+324%
Related-Party Payables
-
-
-
Other Liabilities
$20,000
$3,010,000
+14950%
Total Liabilities
$1,737,279
$10,243,069
+490%
Net assets
2023
2024
Change
Restricted Net Assets
-
$1,277,659
-
Unrestricted Net Assets
$6,919,752
$2,085,293
-70%
Net assets
2023
2024
Change
Net assets
+$6,919,752
+$3,362,952
-51%