Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$17,945,723
Cash & Equivalents
79%
Prepaid Expenses
9%
Investments
5%
Receivables (Non-Related)
4%
Property, Plant, & Equipment (net)
3%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$9,007,250
Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
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
$9,517,737
$14,108,802
+48%
Receivables (Non-Related)
$1,857,832
$680,400
-63%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$2,149,643
$1,692,705
-21%
Investments
$795,851
$860,290
+8%
Property, Plant, & Equipment (net)
$170,556
$603,526
+254%
Other Assets
$5,835
-
-
Total Assets
$14,497,454
$17,945,723
+24%
Liabilities
2023
2024
Change
Payables & Accruals
$3,449,616
$9,007,250
+161%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,884,039
-
-
Total Liabilities
$5,333,655
$9,007,250
+69%
Net assets
2023
2024
Change
Restricted Net Assets
$650,387
$911,489
+40%
Unrestricted Net Assets
$8,513,412
$8,026,984
-6%
Net assets
2023
2024
Change
Net assets
+$9,163,799
+$8,938,473
-2%