Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,965,994
Receivables (Non-Related)
50%
Cash & Equivalents
35%
Property, Plant, & Equipment (net)
7%
Other Assets
6%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,166,348
Deferred Revenue
73%
Payables & Accruals
17%
Other Liabilities
10%
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
$2,624,078
$1,754,063
-33%
Receivables (Non-Related)
$800,085
$2,476,640
+210%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$85,302
$74,482
-13%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$438,731
$346,213
-21%
Other Assets
$313,445
$314,596
+0%
Total Assets
$4,261,641
$4,965,994
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$511,630
$530,826
+4%
Grants Payable
-
-
-
Deferred Revenue
$1,699,577
$2,323,188
+37%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$310,118
$312,334
+1%
Total Liabilities
$2,521,325
$3,166,348
+26%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,740,316
$1,799,646
+3%
Net assets
2023
2024
Change
Net assets
+$1,740,316
+$1,799,646
+3%