Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,071,050
Cash & Equivalents
51%
Investments
44%
Other Assets
3%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,024,363
Deferred Revenue
49%
Payables & Accruals
35%
Other Liabilities
10%
Notes Payable / Debt (Non-Related)
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,271,505
$1,564,157
-52%
Receivables (Non-Related)
$81,406
$23,580
-71%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$34,976
$16,783
-52%
Investments
$1,420,000
$1,347,175
-5%
Property, Plant, & Equipment (net)
$6,210
$14,171
+128%
Other Assets
$147,261
$105,184
-29%
Total Assets
$4,961,358
$3,071,050
-38%
Liabilities
2023
2024
Change
Payables & Accruals
$1,098,886
$360,951
-67%
Grants Payable
-
-
-
Deferred Revenue
$1,489,640
$500,000
-66%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$83,515
$63,696
-24%
Related-Party Payables
-
-
-
Other Liabilities
$141,148
$99,716
-29%
Total Liabilities
$2,813,189
$1,024,363
-64%
Net assets
2023
2024
Change
Restricted Net Assets
$249,999
$793,980
+218%
Unrestricted Net Assets
$1,898,170
$1,252,707
-34%
Net assets
2023
2024
Change
Net assets
+$2,148,169
+$2,046,687
-5%