Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$1,086,218
Related-Party Receivables
51%
Receivables (Non-Related)
26%
Cash & Equivalents
24%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$651,277
Deferred Revenue
75%
Payables & Accruals
25%
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
$834,753
$255,930
-69%
Receivables (Non-Related)
$598,359
$280,923
-53%
Related-Party Receivables
$198,511
$549,365
+177%
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$0
$0
-
Total Assets
$1,631,623
$1,086,218
-33%
Liabilities
2023
2024
Change
Payables & Accruals
$72,909
$165,249
+127%
Grants Payable
-
-
-
Deferred Revenue
$962,520
$486,028
-50%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,035,429
$651,277
-37%
Net assets
2023
2024
Change
Restricted Net Assets
$58,728
$58,728
+0%
Unrestricted Net Assets
$537,466
$376,213
-30%
Net assets
2023
2024
Change
Net assets
+$596,194
+$434,941
-27%