Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$4,370,179
Cash & Equivalents
73%
Receivables (Non-Related)
27%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,336,002
Grants Payable
53%
Payables & Accruals
24%
Deferred Revenue
17%
Notes Payable / Debt (Non-Related)
6%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,498,735
$3,169,677
+111%
Receivables (Non-Related)
$108,479
$1,184,183
+992%
Related-Party Receivables
-
-
-
Inventories
$3,114
$3,114
+0%
Prepaid Expenses
$17,127
$3,205
-81%
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,598
$7,799
+70%
Other Assets
$2,126
$2,201
+4%
Total Assets
$1,634,179
$4,370,179
+167%
Liabilities
2023
2024
Change
Payables & Accruals
$257,324
$569,257
+121%
Grants Payable
-
$1,233,693
-
Deferred Revenue
$315,616
$394,876
+25%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$135,000
$138,176
+2%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$707,940
$2,336,002
+230%
Net assets
2023
2024
Change
Restricted Net Assets
$927,361
$2,712,304
+192%
Unrestricted Net Assets
-$1,122
-$678,127
-60339%
Net assets
2023
2024
Change
Net assets
+$926,239
+$2,034,177
+120%