Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,564,942
Cash & Equivalents
65%
Property, Plant, & Equipment (net)
21%
Investments
11%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$523,698
Payables & Accruals
56%
Deferred Revenue
44%
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
$3,400,437
$2,962,570
-13%
Receivables (Non-Related)
$983,493
$131,793
-87%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$90,500
$42,693
-53%
Investments
$484,105
$479,541
-1%
Property, Plant, & Equipment (net)
$211,038
$948,345
+349%
Other Assets
$8,398
$0
-100%
Total Assets
$5,177,971
$4,564,942
-12%
Liabilities
2023
2024
Change
Payables & Accruals
$242,346
$293,048
+21%
Grants Payable
-
-
-
Deferred Revenue
$206,967
$230,650
+11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$0
-
-
Related-Party Payables
-
-
-
Other Liabilities
$9,822
$0
-100%
Total Liabilities
$459,135
$523,698
+14%
Net assets
2023
2024
Change
Restricted Net Assets
$2,703,163
$1,625,618
-40%
Unrestricted Net Assets
$2,015,673
$2,415,626
+20%
Net assets
2023
2024
Change
Net assets
+$4,718,836
+$4,041,244
-14%