Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$21,086,267
Cash & Equivalents
56%
Receivables (Non-Related)
34%
Other Assets
9%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$3,552,106
Other Liabilities
57%
Deferred Revenue
27%
Payables & Accruals
16%
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
$14,373,039
$11,792,955
-18%
Receivables (Non-Related)
$8,601,167
$7,117,255
-17%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$133,706
$91,466
-32%
Investments
$1,613,209
$3,029
-100%
Property, Plant, & Equipment (net)
$128,557
$100,392
-22%
Other Assets
$2,687,426
$1,981,170
-26%
Total Assets
$27,537,104
$21,086,267
-23%
Liabilities
2023
2024
Change
Payables & Accruals
$568,250
$581,369
+2%
Grants Payable
-
-
-
Deferred Revenue
$246,127
$949,314
+286%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,617,211
$2,021,423
-23%
Total Liabilities
$3,431,588
$3,552,106
+4%
Net assets
2023
2024
Change
Restricted Net Assets
$18,925,228
$13,612,209
-28%
Unrestricted Net Assets
$5,180,288
$3,921,952
-24%
Net assets
2023
2024
Change
Net assets
+$24,105,516
+$17,534,161
-27%