Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,360,273
Cash & Equivalents
86%
Other Assets
7%
Prepaid Expenses
6%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,781,328
Deferred Revenue
64%
Payables & Accruals
25%
Other Liabilities
11%
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
$4,966,048
$3,738,062
-25%
Receivables (Non-Related)
$116,818
$37,773
-68%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$287,615
$242,003
-16%
Investments
-
-
-
Property, Plant, & Equipment (net)
$16,259
$19,119
+18%
Other Assets
$365,739
$323,316
-12%
Total Assets
$5,752,479
$4,360,273
-24%
Liabilities
2023
2024
Change
Payables & Accruals
$603,788
$444,179
-26%
Grants Payable
-
-
-
Deferred Revenue
$1,987,833
$1,144,797
-42%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$301,457
$192,352
-36%
Total Liabilities
$2,893,078
$1,781,328
-38%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,859,401
$2,578,945
-10%
Net assets
2023
2024
Change
Net assets
+$2,859,401
+$2,578,945
-10%