Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$5,572,970
Cash & Equivalents
49%
Receivables (Non-Related)
35%
Prepaid Expenses
8%
Other Assets
7%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,859,837
Payables & Accruals
86%
Other Liabilities
14%
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
$5,365,297
$2,754,410
-49%
Receivables (Non-Related)
$2,033,699
$1,947,114
-4%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$390,745
$428,505
+10%
Investments
-
-
-
Property, Plant, & Equipment (net)
$47,637
$31,726
-33%
Other Assets
$60,733
$411,215
+577%
Total Assets
$7,898,111
$5,572,970
-29%
Liabilities
2023
2024
Change
Payables & Accruals
$1,965,636
$2,448,622
+25%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$411,215
-
Total Liabilities
$1,965,636
$2,859,837
+45%
Net assets
2023
2024
Change
Restricted Net Assets
$2,893,419
$2,256,462
-22%
Unrestricted Net Assets
$3,039,056
$456,671
-85%
Net assets
2023
2024
Change
Net assets
+$5,932,475
+$2,713,133
-54%