Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$22,012,039
Cash & Equivalents
70%
Receivables (Non-Related)
26%
Investments
4%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$15,731,379
Deferred Revenue
60%
Notes Payable / Debt (Non-Related)
37%
Payables & Accruals
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$17,000,397
$15,474,556
-9%
Receivables (Non-Related)
$7,323,391
$5,726,525
-22%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$5,683
$15,347
+170%
Investments
$726,224
$792,476
+9%
Property, Plant, & Equipment (net)
$13,820
$3,135
-77%
Other Assets
-
-
-
Total Assets
$25,069,515
$22,012,039
-12%
Liabilities
2023
2024
Change
Payables & Accruals
$385,014
$417,542
+8%
Grants Payable
-
-
-
Deferred Revenue
$12,942,839
$9,443,785
-27%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,108,851
$5,870,052
-4%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$19,436,704
$15,731,379
-19%
Net assets
2023
2024
Change
Restricted Net Assets
$1,387,074
$1,387,074
+0%
Unrestricted Net Assets
$4,245,737
$4,893,586
+15%
Net assets
2023
2024
Change
Net assets
+$5,632,811
+$6,280,660
+12%