Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,681,416
Cash & Equivalents
67%
Receivables (Non-Related)
20%
Other Assets
12%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$7,174,921
Deferred Revenue
68%
Payables & Accruals
16%
Other Liabilities
16%
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
$4,454,773
$4,495,804
+1%
Receivables (Non-Related)
$923,346
$1,336,165
+45%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,379
$29,400
+770%
Investments
-
-
-
Property, Plant, & Equipment (net)
$24,648
$14,141
-43%
Other Assets
$744,865
$805,906
+8%
Total Assets
$6,151,011
$6,681,416
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$727,098
$1,166,250
+60%
Grants Payable
-
-
-
Deferred Revenue
$1,544,296
$4,873,215
+216%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,221,313
$1,135,456
-7%
Total Liabilities
$3,492,707
$7,174,921
+105%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,658,304
-$493,505
-119%
Net assets
2023
2024
Change
Net assets
+$2,658,304
-$493,505
-119%