Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$2,577,297
Receivables (Non-Related)
63%
Cash & Equivalents
23%
Property, Plant, & Equipment (net)
10%
Prepaid Expenses
3%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,044,182
Payables & Accruals
60%
Deferred Revenue
40%
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
$1,829,306
$596,915
-67%
Receivables (Non-Related)
$1,963,561
$1,632,451
-17%
Related-Party Receivables
-
$0
-
Inventories
-
-
-
Prepaid Expenses
$576,675
$86,018
-85%
Investments
-
-
-
Property, Plant, & Equipment (net)
$272,573
$261,913
-4%
Other Assets
$0
$0
-
Total Assets
$4,642,115
$2,577,297
-44%
Liabilities
2023
2024
Change
Payables & Accruals
$1,624,483
$1,216,815
-25%
Grants Payable
-
-
-
Deferred Revenue
$1,194,022
$827,367
-31%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$774,000
-
-
Related-Party Payables
-
$0
-
Other Liabilities
$2,124,660
$0
-100%
Total Liabilities
$5,717,165
$2,044,182
-64%
Net assets
2023
2024
Change
Restricted Net Assets
$1,234,271
$822,143
-33%
Unrestricted Net Assets
-$2,309,321
-$289,028
+87%
Net assets
2023
2024
Change
Net assets
-$1,075,050
+$533,115
-150%