Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$6,581,838
Cash & Equivalents
78%
Receivables (Non-Related)
12%
Other Assets
6%
Prepaid Expenses
3%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,978,964
Other Liabilities
57%
Payables & Accruals
39%
Deferred Revenue
5%
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
$5,743,861
$5,132,676
-11%
Receivables (Non-Related)
$894,599
$791,819
-11%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$80,473
$177,428
+120%
Investments
-
-
-
Property, Plant, & Equipment (net)
$82,144
$61,789
-25%
Other Assets
$178,240
$418,126
+135%
Total Assets
$6,979,317
$6,581,838
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$1,553,721
$1,532,987
-1%
Grants Payable
-
-
-
Deferred Revenue
$415,626
$184,978
-55%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,455,165
$2,260,999
+55%
Total Liabilities
$3,424,512
$3,978,964
+16%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,554,805
$2,602,874
-27%
Net assets
2023
2024
Change
Net assets
+$3,554,805
+$2,602,874
-27%