Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,874,562
Receivables (Non-Related)
51%
Cash & Equivalents
43%
Prepaid Expenses
3%
Other Assets
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$388,366
Payables & Accruals
88%
Other Liabilities
12%
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
$4,205,713
$1,677,922
-60%
Receivables (Non-Related)
$2,490,934
$1,982,716
-20%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$101,041
$130,724
+29%
Investments
-
-
-
Property, Plant, & Equipment (net)
$65,898
$38,638
-41%
Other Assets
$78,632
$44,562
-43%
Total Assets
$6,942,218
$3,874,562
-44%
Liabilities
2023
2024
Change
Payables & Accruals
$509,269
$342,742
-33%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$79,294
$45,624
-42%
Total Liabilities
$588,563
$388,366
-34%
Net assets
2023
2024
Change
Restricted Net Assets
$5,236,954
$2,937,439
-44%
Unrestricted Net Assets
$1,116,701
$548,757
-51%
Net assets
2023
2024
Change
Net assets
+$6,353,655
+$3,486,196
-45%