Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,141,956
Investments
92%
Cash & Equivalents
6%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Inventories
<1%
Related-Party Receivables
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$634,334
Deferred Revenue
67%
Other Liabilities
28%
Payables & Accruals
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
$506,593
$139,028
-73%
Receivables (Non-Related)
$149,180
$10,000
-93%
Related-Party Receivables
-
-
-
Inventories
$3,511
$3,511
+0%
Prepaid Expenses
$1,306
$10,039
+669%
Investments
$1,805,581
$1,979,378
+10%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$0
-
-
Total Assets
$2,466,171
$2,141,956
-13%
Liabilities
2023
2024
Change
Payables & Accruals
$51,511
$29,687
-42%
Grants Payable
-
-
-
Deferred Revenue
$463,347
$425,000
-8%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$181,806
$179,647
-1%
Total Liabilities
$696,664
$634,334
-9%
Net assets
2023
2024
Change
Restricted Net Assets
$1,713,727
$1,898,701
+11%
Unrestricted Net Assets
$55,780
-$391,079
-801%
Net assets
2023
2024
Change
Net assets
+$1,769,507
+$1,507,622
-15%