Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$8,818,436
Cash & Equivalents
76%
Inventories
10%
Property, Plant, & Equipment (net)
5%
Receivables (Non-Related)
5%
Prepaid Expenses
4%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,736,154
Deferred Revenue
60%
Payables & Accruals
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
$8,726,675
$6,663,404
-24%
Receivables (Non-Related)
$403,548
$405,360
+0%
Related-Party Receivables
-
-
-
Inventories
$819,808
$914,338
+12%
Prepaid Expenses
$214,487
$391,975
+83%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,760,997
$443,359
-75%
Other Assets
-
-
-
Total Assets
$11,925,515
$8,818,436
-26%
Liabilities
2023
2024
Change
Payables & Accruals
$1,736,091
$1,485,654
-14%
Grants Payable
-
-
-
Deferred Revenue
$1,933,546
$2,250,500
+16%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,669,637
$3,736,154
+2%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$8,255,878
$5,082,282
-38%
Net assets
2023
2024
Change
Net assets
+$8,255,878
+$5,082,282
-38%