Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,619,926
Cash & Equivalents
59%
Investments
21%
Receivables (Non-Related)
9%
Property, Plant, & Equipment (net)
8%
Prepaid Expenses
2%
Inventories
<1%
Related-Party Receivables
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,062,690
Deferred Revenue
77%
Payables & Accruals
23%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,710,679
$2,152,863
-21%
Receivables (Non-Related)
$136,102
$337,391
+148%
Related-Party Receivables
-
-
-
Inventories
$6,292
$6,292
+0%
Prepaid Expenses
$63,387
$69,598
+10%
Investments
$704,693
$771,892
+10%
Property, Plant, & Equipment (net)
$52,633
$281,890
+436%
Other Assets
-
-
-
Total Assets
$3,673,786
$3,619,926
-1%
Liabilities
2023
2024
Change
Payables & Accruals
$296,158
$469,671
+59%
Grants Payable
-
-
-
Deferred Revenue
$1,551,851
$1,593,019
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,848,009
$2,062,690
+12%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,825,777
$1,557,236
-15%
Net assets
2023
2024
Change
Net assets
+$1,825,777
+$1,557,236
-15%