Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$2,228,305
Cash & Equivalents
85%
Receivables (Non-Related)
13%
Prepaid Expenses
1%
Property, Plant, & Equipment (net)
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2025 (Year End)
$906,150
Deferred Revenue
93%
Payables & Accruals
7%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2024
2025
Change
Cash & Equivalents
$2,025,135
$1,887,638
-7%
Receivables (Non-Related)
$478,099
$286,688
-40%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$333,823
$30,540
-91%
Investments
-
-
-
Property, Plant, & Equipment (net)
$32,155
$22,439
-30%
Other Assets
$500
$1,000
+100%
Total Assets
$2,869,712
$2,228,305
-22%
Liabilities
2024
2025
Change
Payables & Accruals
$210,604
$64,292
-69%
Grants Payable
-
-
-
Deferred Revenue
$1,320,249
$841,858
-36%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,530,853
$906,150
-41%
Net assets
2024
2025
Change
Restricted Net Assets
$1,028,668
$1,026,482
0%
Unrestricted Net Assets
$310,191
$295,673
-5%
Net assets
2024
2025
Change
Net assets
+$1,338,859
+$1,322,155
-1%