Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,708,162
Cash & Equivalents
76%
Receivables (Non-Related)
20%
Prepaid Expenses
5%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$264,716
Payables & Accruals
63%
Deferred Revenue
34%
Other Liabilities
3%
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
$3,103,615
$2,810,688
-9%
Receivables (Non-Related)
$2,233,555
$729,710
-67%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$211,753
$167,764
-21%
Investments
-
-
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$278,687
$0
-100%
Total Assets
$5,827,610
$3,708,162
-36%
Liabilities
2023
2024
Change
Payables & Accruals
$337,508
$165,576
-51%
Grants Payable
-
-
-
Deferred Revenue
$310,258
$90,235
-71%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$333,288
$8,905
-97%
Total Liabilities
$981,054
$264,716
-73%
Net assets
2023
2024
Change
Restricted Net Assets
$1,475,499
$2,092,765
+42%
Unrestricted Net Assets
$3,371,057
$1,350,681
-60%
Net assets
2023
2024
Change
Net assets
+$4,846,556
+$3,443,446
-29%