Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$16,281,454
Receivables (Non-Related)
83%
Property, Plant, & Equipment (net)
7%
Cash & Equivalents
6%
Investments
3%
Inventories
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$11,974,722
Notes Payable / Debt (Non-Related)
50%
Deferred Revenue
24%
Payables & Accruals
18%
Other Liabilities
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,008,555
$1,040,791
-48%
Receivables (Non-Related)
$10,688,085
$13,563,025
+27%
Related-Party Receivables
-
-
-
Inventories
$104,779
$85,799
-18%
Prepaid Expenses
-
-
-
Investments
$435,097
$435,097
+0%
Property, Plant, & Equipment (net)
$1,134,395
$1,156,742
+2%
Other Assets
$2,625
-
-
Total Assets
$14,373,536
$16,281,454
+13%
Liabilities
2023
2024
Change
Payables & Accruals
$45,978
$2,102,786
+4473%
Grants Payable
-
-
-
Deferred Revenue
$1,672,556
$2,921,729
+75%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$6,135,932
$5,997,197
-2%
Related-Party Payables
-
-
-
Other Liabilities
$766,682
$953,010
+24%
Total Liabilities
$8,621,148
$11,974,722
+39%
Net assets
2023
2024
Change
Restricted Net Assets
$200,000
$225,000
+13%
Unrestricted Net Assets
$5,552,388
$4,081,732
-26%
Net assets
2023
2024
Change
Net assets
+$5,752,388
+$4,306,732
-25%