Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$872,911
Cash & Equivalents
77%
Receivables (Non-Related)
22%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$615,982
Deferred Revenue
92%
Payables & Accruals
8%
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
$993,961
$669,182
-33%
Receivables (Non-Related)
$292,305
$194,894
-33%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$12,523
$6,296
-50%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,798
$2,539
-9%
Other Assets
-
-
-
Total Assets
$1,301,587
$872,911
-33%
Liabilities
2023
2024
Change
Payables & Accruals
$51,517
$50,768
-1%
Grants Payable
-
-
-
Deferred Revenue
$240,308
$565,214
+135%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$291,825
$615,982
+111%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,009,762
$256,929
-75%
Net assets
2023
2024
Change
Net assets
+$1,009,762
+$256,929
-75%