Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,727,657
Cash & Equivalents
95%
Other Assets
4%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$705,722
Deferred Revenue
86%
Other Liabilities
10%
Payables & Accruals
5%
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
$1,606,938
$1,643,437
+2%
Receivables (Non-Related)
$0
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$11,844
$13,229
+12%
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,489
$2,688
-68%
Other Assets
$450
$68,303
+15078%
Total Assets
$1,627,721
$1,727,657
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$20,352
$33,889
+67%
Grants Payable
-
-
-
Deferred Revenue
$511,950
$603,980
+18%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$0
$67,853
-
Total Liabilities
$532,302
$705,722
+33%
Net assets
2023
2024
Change
Restricted Net Assets
$2,500
$7,500
+200%
Unrestricted Net Assets
$1,092,919
$1,014,435
-7%
Net assets
2023
2024
Change
Net assets
+$1,095,419
+$1,021,935
-7%