Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$16,748,370
Investments
79%
Receivables (Non-Related)
13%
Cash & Equivalents
6%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,780,433
Grants Payable
96%
Payables & Accruals
4%
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
$9,241,742
$1,048,230
-89%
Receivables (Non-Related)
$2,506,613
$2,248,000
-10%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$22,455
$36,846
+64%
Investments
$254,098
$13,272,437
+5123%
Property, Plant, & Equipment (net)
$171,429
$142,857
-17%
Other Assets
$0
$0
-
Total Assets
$12,196,337
$16,748,370
+37%
Liabilities
2023
2024
Change
Payables & Accruals
$230,445
$135,017
-41%
Grants Payable
$1,291,697
$3,645,416
+182%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$86,330
-
-
Total Liabilities
$1,608,472
$3,780,433
+135%
Net assets
2023
2024
Change
Restricted Net Assets
$5,256,877
$5,322,949
+1%
Unrestricted Net Assets
$5,330,988
$7,644,988
+43%
Net assets
2023
2024
Change
Net assets
+$10,587,865
+$12,967,937
+22%