Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$5,071,227
Cash & Equivalents
61%
Receivables (Non-Related)
26%
Property, Plant, & Equipment (net)
12%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,664,480
Deferred Revenue
52%
Payables & Accruals
48%
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
$3,452,237
$3,091,634
-10%
Receivables (Non-Related)
$1,582,151
$1,310,387
-17%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$119,423
$44,242
-63%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$562,226
$624,963
+11%
Other Assets
$1
$1
+0%
Total Assets
$5,716,038
$5,071,227
-11%
Liabilities
2023
2024
Change
Payables & Accruals
$873,851
$1,740,669
+99%
Grants Payable
-
-
-
Deferred Revenue
$2,610,527
$1,923,811
-26%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,484,378
$3,664,480
+5%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,231,660
$1,406,747
-37%
Net assets
2023
2024
Change
Net assets
+$2,231,660
+$1,406,747
-37%