Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,756,132
Receivables (Non-Related)
57%
Cash & Equivalents
40%
Property, Plant, & Equipment (net)
2%
Other Assets
1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$216,580
Payables & Accruals
75%
Other Liabilities
25%
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%
Assets
2023
2024
Change
Cash & Equivalents
$631,609
$708,968
+12%
Receivables (Non-Related)
$0
$1,000,000
-
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$0
$27,200
-
Other Assets
$0
$19,964
-
Total Assets
$631,609
$1,756,132
+178%
Liabilities
2023
2024
Change
Payables & Accruals
$94,236
$162,134
+72%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$74,652
$54,446
-27%
Total Liabilities
$168,888
$216,580
+28%
Net assets
2023
2024
Change
Restricted Net Assets
$9,000
$1,260,738
+13908%
Unrestricted Net Assets
$453,721
$278,814
-39%
Net assets
2023
2024
Change
Net assets
+$462,721
+$1,539,552
+233%