Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,890,573
Cash & Equivalents
69%
Receivables (Non-Related)
17%
Property, Plant, & Equipment (net)
6%
Other Assets
5%
Prepaid Expenses
4%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,250,648
Deferred Revenue
63%
Payables & Accruals
23%
Other Liabilities
15%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,943,959
$2,689,264
-9%
Receivables (Non-Related)
$845,445
$645,198
-24%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$40,994
$153,193
+274%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$307,390
$226,654
-26%
Other Assets
$225,808
$176,264
-22%
Total Assets
$4,363,596
$3,890,573
-11%
Liabilities
2023
2024
Change
Payables & Accruals
$490,867
$283,455
-42%
Grants Payable
-
-
-
Deferred Revenue
$872,058
$781,689
-10%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$142,233
$185,504
+30%
Total Liabilities
$1,505,158
$1,250,648
-17%
Net assets
2023
2024
Change
Restricted Net Assets
$502,409
$711,783
+42%
Unrestricted Net Assets
$2,356,029
$1,928,142
-18%
Net assets
2023
2024
Change
Net assets
+$2,858,438
+$2,639,925
-8%