Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,402,444
Cash & Equivalents
55%
Receivables (Non-Related)
29%
Property, Plant, & Equipment (net)
13%
Other Assets
2%
Investments
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$262,941
Deferred Revenue
67%
Payables & Accruals
17%
Notes Payable / Debt (Non-Related)
16%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$507,825
$766,456
+51%
Receivables (Non-Related)
$286,154
$408,891
+43%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$8,978
$10,694
+19%
Investments
$6,688
$11,606
+74%
Property, Plant, & Equipment (net)
$167,498
$176,736
+6%
Other Assets
$28,061
$28,061
+0%
Total Assets
$1,005,204
$1,402,444
+40%
Liabilities
2023
2024
Change
Payables & Accruals
$40,555
$45,322
+12%
Grants Payable
-
-
-
Deferred Revenue
$175,546
$175,546
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$47,725
$42,073
-12%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$263,826
$262,941
0%
Net assets
2023
2024
Change
Restricted Net Assets
$335,000
$267,500
-20%
Unrestricted Net Assets
$406,378
$872,003
+115%
Net assets
2023
2024
Change
Net assets
+$741,378
+$1,139,503
+54%