Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,675,366
Cash & Equivalents
48%
Property, Plant, & Equipment (net)
20%
Receivables (Non-Related)
16%
Other Assets
12%
Prepaid Expenses
5%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,065,626
Deferred Revenue
39%
Notes Payable / Debt (Non-Related)
35%
Payables & Accruals
25%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$764,195
$1,275,060
+67%
Receivables (Non-Related)
$465,680
$422,473
-9%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$48,305
$128,475
+166%
Investments
-
-
-
Property, Plant, & Equipment (net)
$401,729
$538,331
+34%
Other Assets
$355,716
$311,027
-13%
Total Assets
$2,035,625
$2,675,366
+31%
Liabilities
2023
2024
Change
Payables & Accruals
$475,935
$521,008
+9%
Grants Payable
-
-
-
Deferred Revenue
$842,559
$813,176
-3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$15,591
$6,442
-59%
Notes Payable / Debt (Non-Related)
$250,000
$725,000
+190%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,584,085
$2,065,626
+30%
Net assets
2023
2024
Change
Restricted Net Assets
$340,125
$304,585
-10%
Unrestricted Net Assets
$111,415
$305,155
+174%
Net assets
2023
2024
Change
Net assets
+$451,540
+$609,740
+35%