Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$908,086
Cash & Equivalents
71%
Receivables (Non-Related)
13%
Other Assets
12%
Prepaid Expenses
3%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$208,625
Deferred Revenue
57%
Payables & Accruals
34%
Other Liabilities
9%
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
$719,526
$644,757
-10%
Receivables (Non-Related)
$146,527
$116,259
-21%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$37,076
$30,765
-17%
Investments
-
-
-
Property, Plant, & Equipment (net)
$590,018
$7,738
-99%
Other Assets
$33,592
$108,567
+223%
Total Assets
$1,526,739
$908,086
-41%
Liabilities
2023
2024
Change
Payables & Accruals
$63,681
$71,688
+13%
Grants Payable
-
-
-
Deferred Revenue
$182,996
$118,803
-35%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
-
-
-
Other Liabilities
$38,297
$18,134
-53%
Total Liabilities
$284,974
$208,625
-27%
Net assets
2023
2024
Change
Restricted Net Assets
$35,000
$0
-100%
Unrestricted Net Assets
$1,206,765
$699,461
-42%
Net assets
2023
2024
Change
Net assets
+$1,241,765
+$699,461
-44%