Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$9,797,355
Cash & Equivalents
75%
Property, Plant, & Equipment (net)
12%
Other Assets
9%
Receivables (Non-Related)
2%
Investments
<1%
Inventories
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$4,314,441
Deferred Revenue
69%
Payables & Accruals
22%
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
$10,506,994
$7,393,170
-30%
Receivables (Non-Related)
$134,229
$178,973
+33%
Related-Party Receivables
-
-
-
Inventories
$22,546
$28,752
+28%
Prepaid Expenses
$17,800
$11,131
-37%
Investments
$71,573
$70,000
-2%
Property, Plant, & Equipment (net)
$86,710
$1,219,931
+1307%
Other Assets
$813,358
$895,398
+10%
Total Assets
$11,653,210
$9,797,355
-16%
Liabilities
2023
2024
Change
Payables & Accruals
$2,919,560
$961,090
-67%
Grants Payable
-
-
-
Deferred Revenue
$5,038,748
$2,963,037
-41%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$288,155
$390,314
+35%
Total Liabilities
$8,246,463
$4,314,441
-48%
Net assets
2023
2024
Change
Restricted Net Assets
$1,836,429
$2,685,143
+46%
Unrestricted Net Assets
$1,570,318
$2,797,771
+78%
Net assets
2023
2024
Change
Net assets
+$3,406,747
+$5,482,914
+61%