Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,637,475
Cash & Equivalents
91%
Receivables (Non-Related)
5%
Other Assets
2%
Prepaid Expenses
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$709,540
Deferred Revenue
92%
Other Liabilities
8%
Payables & Accruals
<1%
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
$2,455,314
$2,403,942
-2%
Receivables (Non-Related)
$140,036
$140,000
0%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$39,198
$32,990
-16%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,358
$5,929
+151%
Other Assets
$94,289
$54,614
-42%
Total Assets
$2,731,195
$2,637,475
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$37,030
$3,353
-91%
Grants Payable
-
-
-
Deferred Revenue
$1,499,460
$652,832
-56%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$94,255
$53,355
-43%
Total Liabilities
$1,630,745
$709,540
-56%
Net assets
2023
2024
Change
Restricted Net Assets
$466,989
$318,532
-32%
Unrestricted Net Assets
$633,461
$1,609,403
+154%
Net assets
2023
2024
Change
Net assets
+$1,100,450
+$1,927,935
+75%