Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,453,496
Cash & Equivalents
40%
Receivables (Non-Related)
39%
Other Assets
19%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$1,277,599
Related-Party Payables
81%
Deferred Revenue
18%
Payables & Accruals
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$655,704
$588,000
-10%
Receivables (Non-Related)
$3,050
$566,387
+18470%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$51,097
$28,139
-45%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$291,190
$270,970
-7%
Total Assets
$1,001,041
$1,453,496
+45%
Liabilities
2023
2024
Change
Payables & Accruals
$19,010
$14,499
-24%
Grants Payable
-
-
-
Deferred Revenue
$56,250
$228,787
+307%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$869,607
$1,034,313
+19%
Other Liabilities
-
-
-
Total Liabilities
$944,867
$1,277,599
+35%
Net assets
2023
2024
Change
Restricted Net Assets
$219,916
$0
-100%
Unrestricted Net Assets
-$163,742
$175,897
-207%
Net assets
2023
2024
Change
Net assets
+$56,174
+$175,897
+213%