Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$11,242,163
Investments
87%
Cash & Equivalents
12%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$725,671
Deferred Revenue
65%
Grants Payable
30%
Payables & Accruals
5%
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
$580,149
$1,398,540
+141%
Receivables (Non-Related)
$4,259
$2,769
-35%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$4,634
$4,807
+4%
Investments
$8,827,360
$9,831,275
+11%
Property, Plant, & Equipment (net)
$6,240
$4,772
-24%
Other Assets
-
-
-
Total Assets
$9,422,642
$11,242,163
+19%
Liabilities
2023
2024
Change
Payables & Accruals
$36,912
$35,153
-5%
Grants Payable
$194,506
$219,806
+13%
Deferred Revenue
$48,500
$470,712
+871%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$279,918
$725,671
+159%
Net assets
2023
2024
Change
Restricted Net Assets
$4,146,175
$4,708,620
+14%
Unrestricted Net Assets
$4,996,549
$5,807,872
+16%
Net assets
2023
2024
Change
Net assets
+$9,142,724
+$10,516,492
+15%