Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$9,254,141
Other Assets
45%
Cash & Equivalents
42%
Prepaid Expenses
11%
Property, Plant, & Equipment (net)
1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$5,211,313
Other Liabilities
55%
Deferred Revenue
37%
Payables & Accruals
8%
Grants Payable
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
$4,192,770
$3,921,891
-6%
Receivables (Non-Related)
$13,600
$9,900
-27%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,134,328
$1,006,077
-11%
Investments
-
-
-
Property, Plant, & Equipment (net)
$192,513
$127,716
-34%
Other Assets
$4,921,996
$4,188,557
-15%
Total Assets
$10,455,207
$9,254,141
-11%
Liabilities
2023
2024
Change
Payables & Accruals
$398,599
$398,719
+0%
Grants Payable
-
-
-
Deferred Revenue
$1,896,319
$1,929,119
+2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$3,797,855
$2,883,475
-24%
Total Liabilities
$6,092,773
$5,211,313
-14%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$4,362,434
$4,042,828
-7%
Net assets
2023
2024
Change
Net assets
+$4,362,434
+$4,042,828
-7%