Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$14,977,886
Cash & Equivalents
48%
Other Assets
30%
Receivables (Non-Related)
20%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$9,128,300
Notes Payable / Debt (Non-Related)
45%
Payables & Accruals
32%
Deferred Revenue
22%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,967,027
$7,177,983
+20%
Receivables (Non-Related)
$4,127,015
$2,997,139
-27%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$478,149
$321,545
-33%
Investments
-
-
-
Property, Plant, & Equipment (net)
$84,004
$29,320
-65%
Other Assets
$3,774,482
$4,451,899
+18%
Total Assets
$14,430,677
$14,977,886
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$3,491,718
$2,941,313
-16%
Grants Payable
-
-
-
Deferred Revenue
$702,481
$2,039,281
+190%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$4,562,433
$4,106,688
-10%
Related-Party Payables
-
-
-
Other Liabilities
$319,842
$41,018
-87%
Total Liabilities
$9,076,474
$9,128,300
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$2,922,237
$1,075,998
-63%
Unrestricted Net Assets
$2,431,966
$4,773,588
+96%
Net assets
2023
2024
Change
Net assets
+$5,354,203
+$5,849,586
+9%