Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,851,392
Cash & Equivalents
79%
Prepaid Expenses
19%
Receivables (Non-Related)
2%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$217,675
Deferred Revenue
62%
Payables & Accruals
38%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,736,030
$2,254,048
-40%
Receivables (Non-Related)
$559,951
$60,000
-89%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$15,437
$536,706
+3377%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$793
$638
-20%
Other Assets
$0
$0
-
Total Assets
$4,312,211
$2,851,392
-34%
Liabilities
2023
2024
Change
Payables & Accruals
$89,382
$83,190
-7%
Grants Payable
-
-
-
Deferred Revenue
$1,168,102
$134,485
-88%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,257,484
$217,675
-83%
Net assets
2023
2024
Change
Restricted Net Assets
$558,377
$410,144
-27%
Unrestricted Net Assets
$2,496,350
$2,223,573
-11%
Net assets
2023
2024
Change
Net assets
+$3,054,727
+$2,633,717
-14%