Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$16,493,191
Cash & Equivalents
60%
Other Assets
35%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,802,393
Payables & Accruals
67%
Other Liabilities
33%
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
$6,905,106
$9,954,762
+44%
Receivables (Non-Related)
$0
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$303,148
$133,470
-56%
Investments
-
-
-
Property, Plant, & Equipment (net)
$818,482
$663,497
-19%
Other Assets
$5,090,283
$5,741,462
+13%
Total Assets
$13,117,019
$16,493,191
+26%
Liabilities
2023
2024
Change
Payables & Accruals
$4,314,647
$4,553,699
+6%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,973,002
$2,248,694
-24%
Total Liabilities
$7,287,649
$6,802,393
-7%
Net assets
2023
2024
Change
Restricted Net Assets
$1,492,489
$6,425,197
+331%
Unrestricted Net Assets
$4,336,881
$3,265,601
-25%
Net assets
2023
2024
Change
Net assets
+$5,829,370
+$9,690,798
+66%