Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$3,628,257
Receivables (Non-Related)
36%
Cash & Equivalents
34%
Inventories
18%
Other Assets
7%
Property, Plant, & Equipment (net)
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,707,841
Deferred Revenue
73%
Other Liabilities
17%
Payables & Accruals
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
$1,178,675
$1,228,814
+4%
Receivables (Non-Related)
$1,048,554
$1,313,192
+25%
Related-Party Receivables
-
-
-
Inventories
$572,203
$653,511
+14%
Prepaid Expenses
$38,585
$17,747
-54%
Investments
-
-
-
Property, Plant, & Equipment (net)
$185,655
$167,953
-10%
Other Assets
$533,123
$247,040
-54%
Total Assets
$3,556,795
$3,628,257
+2%
Liabilities
2023
2024
Change
Payables & Accruals
$267,568
$168,186
-37%
Grants Payable
-
-
-
Deferred Revenue
$1,053,638
$1,242,301
+18%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$707,603
$297,354
-58%
Total Liabilities
$2,028,809
$1,707,841
-16%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,527,986
$1,920,416
+26%
Net assets
2023
2024
Change
Net assets
+$1,527,986
+$1,920,416
+26%