Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$16,585,218
Cash & Equivalents
36%
Receivables (Non-Related)
32%
Property, Plant, & Equipment (net)
22%
Other Assets
9%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,960,648
Payables & Accruals
70%
Other Liabilities
23%
Deferred Revenue
7%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$9,061,925
$6,000,138
-34%
Receivables (Non-Related)
$1,072,922
$5,282,113
+392%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$78,836
$79,000
+0%
Investments
-
-
-
Property, Plant, & Equipment (net)
$3,277,680
$3,678,663
+12%
Other Assets
$1,973,802
$1,545,304
-22%
Total Assets
$15,465,165
$16,585,218
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$3,192,218
$4,850,816
+52%
Grants Payable
-
-
-
Deferred Revenue
$865,073
$504,441
-42%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,050,781
$1,605,391
-22%
Total Liabilities
$6,108,072
$6,960,648
+14%
Net assets
2023
2024
Change
Restricted Net Assets
$6,208,354
$5,496,780
-11%
Unrestricted Net Assets
$3,148,739
$4,127,790
+31%
Net assets
2023
2024
Change
Net assets
+$9,357,093
+$9,624,570
+3%