Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$10,939,537
Receivables (Non-Related)
50%
Property, Plant, & Equipment (net)
31%
Cash & Equivalents
13%
Prepaid Expenses
3%
Other Assets
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,688,952
Payables & Accruals
40%
Deferred Revenue
37%
Notes Payable / Debt (Non-Related)
11%
Other Liabilities
11%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,508,916
$1,474,340
-2%
Receivables (Non-Related)
$4,788,642
$5,466,273
+14%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$411,088
$290,930
-29%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,228,373
$3,434,624
+54%
Other Assets
$418,797
$273,370
-35%
Total Assets
$9,355,816
$10,939,537
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$910,124
$1,088,810
+20%
Grants Payable
-
-
-
Deferred Revenue
$834,477
$998,040
+20%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$69,398
$303,843
+338%
Related-Party Payables
-
-
-
Other Liabilities
$381,976
$298,259
-22%
Total Liabilities
$2,195,975
$2,688,952
+22%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$7,159,841
$8,250,585
+15%
Net assets
2023
2024
Change
Net assets
+$7,159,841
+$8,250,585
+15%