Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,688,196
Cash & Equivalents
39%
Property, Plant, & Equipment (net)
34%
Other Assets
16%
Prepaid Expenses
6%
Inventories
3%
Receivables (Non-Related)
3%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,190,420
Deferred Revenue
75%
Other Liabilities
23%
Payables & Accruals
2%
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
$1,031,083
$1,035,525
+0%
Receivables (Non-Related)
$77,772
$73,430
-6%
Related-Party Receivables
-
-
-
Inventories
$69,295
$87,734
+27%
Prepaid Expenses
$89,245
$155,327
+74%
Investments
-
-
-
Property, Plant, & Equipment (net)
$961,500
$915,489
-5%
Other Assets
$59,020
$420,691
+613%
Total Assets
$2,287,915
$2,688,196
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$41,149
$46,580
+13%
Grants Payable
-
-
-
Deferred Revenue
$1,602,694
$1,650,544
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$148,081
$493,296
+233%
Total Liabilities
$1,791,924
$2,190,420
+22%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$495,991
+$497,776
+0%