Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,218,289
Cash & Equivalents
53%
Receivables (Non-Related)
47%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$297,232
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
$1,981,469
$2,234,284
+13%
Receivables (Non-Related)
$3,736,573
$1,970,069
-47%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$13,936
-
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$5,718,042
$4,218,289
-26%
Liabilities
2023
2024
Change
Payables & Accruals
$135,233
$297,232
+120%
Grants Payable
-
-
-
Deferred Revenue
$251,223
$0
-100%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$386,456
$297,232
-23%
Net assets
2023
2024
Change
Restricted Net Assets
$4,893,623
$2,148,153
-56%
Unrestricted Net Assets
$437,963
$1,772,904
+305%
Net assets
2023
2024
Change
Net assets
+$5,331,586
+$3,921,057
-26%