Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$3,173,771
Cash & Equivalents
66%
Receivables (Non-Related)
19%
Prepaid Expenses
15%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,594,230
Deferred Revenue
85%
Payables & Accruals
15%
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
$1,418,071
$2,106,520
+49%
Receivables (Non-Related)
$769,359
$588,021
-24%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$78,800
$473,297
+501%
Investments
-
-
-
Property, Plant, & Equipment (net)
$7,900
$5,933
-25%
Other Assets
-
-
-
Total Assets
$2,274,130
$3,173,771
+40%
Liabilities
2023
2024
Change
Payables & Accruals
$110,511
$240,086
+117%
Grants Payable
-
-
-
Deferred Revenue
$208,976
$1,354,144
+548%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$319,487
$1,594,230
+399%
Net assets
2023
2024
Change
Restricted Net Assets
$1,012,454
$929,480
-8%
Unrestricted Net Assets
$942,189
$650,061
-31%
Net assets
2023
2024
Change
Net assets
+$1,954,643
+$1,579,541
-19%