Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$25,801,394
Cash & Equivalents
70%
Receivables (Non-Related)
26%
Other Assets
2%
Prepaid Expenses
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$19,924,666
Deferred Revenue
45%
Payables & Accruals
44%
Notes Payable / Debt (Non-Related)
8%
Other Liabilities
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$19,678,947
$18,058,480
-8%
Receivables (Non-Related)
$10,128,125
$6,804,664
-33%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$273,803
$280,045
+2%
Investments
-
-
-
Property, Plant, & Equipment (net)
$118,866
$90,918
-24%
Other Assets
$644,519
$567,287
-12%
Total Assets
$30,844,260
$25,801,394
-16%
Liabilities
2023
2024
Change
Payables & Accruals
$12,272,674
$8,827,976
-28%
Grants Payable
-
-
-
Deferred Revenue
$11,253,064
$8,998,966
-20%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,505,000
$1,505,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$644,457
$592,724
-8%
Total Liabilities
$25,675,195
$19,924,666
-22%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$5,169,065
$5,876,728
+14%
Net assets
2023
2024
Change
Net assets
+$5,169,065
+$5,876,728
+14%