Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,245,098
Property, Plant, & Equipment (net)
61%
Cash & Equivalents
24%
Other Assets
10%
Receivables (Non-Related)
3%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$518,428
Deferred Revenue
72%
Payables & Accruals
28%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$903,727
$789,991
-13%
Receivables (Non-Related)
$2,476,425
$107,253
-96%
Related-Party Receivables
-
-
-
Inventories
$31,544
$23,026
-27%
Prepaid Expenses
$23,446
$16,466
-30%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,538,612
$1,985,768
+29%
Other Assets
$311,570
$322,594
+4%
Total Assets
$5,285,324
$3,245,098
-39%
Liabilities
2023
2024
Change
Payables & Accruals
$176,857
$147,155
-17%
Grants Payable
-
-
-
Deferred Revenue
$63,868
$371,273
+481%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,614
-
-
Total Liabilities
$243,339
$518,428
+113%
Net assets
2023
2024
Change
Restricted Net Assets
$2,817,580
$84,130
-97%
Unrestricted Net Assets
$2,224,405
$2,642,540
+19%
Net assets
2023
2024
Change
Net assets
+$5,041,985
+$2,726,670
-46%