Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$7,181,916
Cash & Equivalents
73%
Receivables (Non-Related)
15%
Property, Plant, & Equipment (net)
11%
Investments
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,077,524
Deferred Revenue
97%
Payables & Accruals
3%
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
$1,715,807
$5,241,401
+205%
Receivables (Non-Related)
$451,063
$1,077,733
+139%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$107
$2,503
+2239%
Investments
$19,776
$38,942
+97%
Property, Plant, & Equipment (net)
$611,224
$821,337
+34%
Other Assets
-
-
-
Total Assets
$2,797,977
$7,181,916
+157%
Liabilities
2023
2024
Change
Payables & Accruals
$49,902
$77,524
+55%
Grants Payable
-
-
-
Deferred Revenue
-
$3,000,000
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$49,902
$3,077,524
+6067%
Net assets
2023
2024
Change
Restricted Net Assets
$122,833
$1,159,691
+844%
Unrestricted Net Assets
$2,625,242
$2,944,701
+12%
Net assets
2023
2024
Change
Net assets
+$2,748,075
+$4,104,392
+49%