Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$54,765,997
Receivables (Non-Related)
76%
Cash & Equivalents
22%
Other Assets
2%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$35,942,741
Deferred Revenue
72%
Payables & Accruals
20%
Notes Payable / Debt (Non-Related)
7%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,044,750
$12,095,557
+140%
Receivables (Non-Related)
$7,133,752
$41,616,749
+483%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$94,783
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,170,821
$198,476
-96%
Other Assets
-
$855,215
-
Total Assets
$18,093,502
$54,765,997
+203%
Liabilities
2023
2024
Change
Payables & Accruals
$1,728,548
$7,254,516
+320%
Grants Payable
-
-
-
Deferred Revenue
-
$25,907,687
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,943,142
$2,668,173
-46%
Related-Party Payables
-
-
-
Other Liabilities
$506,164
$112,365
-78%
Total Liabilities
$7,177,854
$35,942,741
+401%
Net assets
2023
2024
Change
Restricted Net Assets
-
$0
-
Unrestricted Net Assets
-
$18,823,256
-
Net assets
2023
2024
Change
Net assets
+$10,915,648
+$18,823,256
+72%