Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$2,022,599
Cash & Equivalents
49%
Property, Plant, & Equipment (net)
44%
Receivables (Non-Related)
7%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$200,500
Deferred Revenue
98%
Other Liabilities
2%
Payables & Accruals
0%
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
$571,348
$987,994
+73%
Receivables (Non-Related)
$150,500
$150,500
+0%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,467
$3,689
+50%
Investments
-
-
-
Property, Plant, & Equipment (net)
$896,508
$880,416
-2%
Other Assets
-
-
-
Total Assets
$1,620,823
$2,022,599
+25%
Liabilities
2023
2024
Change
Payables & Accruals
$62
-
-
Grants Payable
-
-
-
Deferred Revenue
$94,500
$196,500
+108%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$5,000
$4,000
-20%
Total Liabilities
$99,562
$200,500
+101%
Net assets
2023
2024
Change
Restricted Net Assets
$318,848
$426,359
+34%
Unrestricted Net Assets
$1,202,413
$1,395,740
+16%
Net assets
2023
2024
Change
Net assets
+$1,521,261
+$1,822,099
+20%