Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$25,172,026
Receivables (Non-Related)
51%
Cash & Equivalents
45%
Other Assets
4%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$962,418
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$9,509,951
$11,223,964
+18%
Receivables (Non-Related)
$4,065,000
$12,781,067
+214%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$301,502
$170,308
-44%
Investments
-
-
-
Property, Plant, & Equipment (net)
$9,850
$6,500
-34%
Other Assets
$0
$990,187
-
Total Assets
$13,886,303
$25,172,026
+81%
Liabilities
2023
2024
Change
Payables & Accruals
$276,271
$962,418
+248%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$802,088
$0
-100%
Total Liabilities
$1,078,359
$962,418
-11%
Net assets
2023
2024
Change
Restricted Net Assets
$4,152,500
$11,675,000
+181%
Unrestricted Net Assets
$8,655,444
$12,534,608
+45%
Net assets
2023
2024
Change
Net assets
+$12,807,944
+$24,209,608
+89%