Balance Sheet

Fiscal Year: 2025
Oct 1, 2024 – Dec 31, 2024
Assets in 2025 (Year End)
$24,474,588
Other Assets
55%
Cash & Equivalents
37%
Receivables (Non-Related)
7%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$3,016,699
Payables & Accruals
67%
Notes Payable / Debt (Non-Related)
28%
Deferred Revenue
5%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$6,913,148
$9,172,597
+33%
Receivables (Non-Related)
$2,407,927
$1,709,361
-29%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$253,239
$26,181
-90%
Investments
-
-
-
Property, Plant, & Equipment (net)
$31,828
$26,001
-18%
Other Assets
$3,945,565
$13,540,448
+243%
Total Assets
$13,551,707
$24,474,588
+81%
Liabilities
2024
2025
Change
Payables & Accruals
$420,560
$2,008,130
+377%
Grants Payable
-
-
-
Deferred Revenue
$283,432
$140,904
-50%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$849,703
$849,703
+0%
Related-Party Payables
-
-
-
Other Liabilities
$17,962
$17,962
+0%
Total Liabilities
$1,571,657
$3,016,699
+92%
Net assets
2024
2025
Change
Restricted Net Assets
$5,538,085
$9,135,907
+65%
Unrestricted Net Assets
$6,441,965
$12,321,982
+91%
Net assets
2024
2025
Change
Net assets
+$11,980,050
+$21,457,889
+79%