Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$5,070,961
Related-Party Receivables
40%
Cash & Equivalents
28%
Investments
23%
Receivables (Non-Related)
8%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Inventories
0%
Liabilities in 2024 (Year End)
$215,286
Payables & Accruals
68%
Deferred Revenue
32%
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
2023
2024
Change
Cash & Equivalents
$1,492,203
$1,409,291
-6%
Receivables (Non-Related)
$404,268
$403,582
0%
Related-Party Receivables
$1,855,000
$2,005,000
+8%
Inventories
-
-
-
Prepaid Expenses
-
$47,500
-
Investments
$1,053,059
$1,175,258
+12%
Property, Plant, & Equipment (net)
$53,426
$29,780
-44%
Other Assets
$550
$550
+0%
Total Assets
$4,858,506
$5,070,961
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$175,816
$147,036
-16%
Grants Payable
-
-
-
Deferred Revenue
$64,000
$68,250
+7%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$239,816
$215,286
-10%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$4,618,690
$4,855,675
+5%
Net assets
2023
2024
Change
Net assets
+$4,618,690
+$4,855,675
+5%