Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,525,890
Receivables (Non-Related)
52%
Cash & Equivalents
38%
Property, Plant, & Equipment (net)
10%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,393,915
Deferred Revenue
80%
Notes Payable / Debt (Non-Related)
19%
Payables & Accruals
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,599,023
$2,471,157
-5%
Receivables (Non-Related)
$3,422,740
$3,389,369
-1%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$4,500
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$664,267
$656,864
-1%
Other Assets
$4,000
$4,000
+0%
Total Assets
$6,690,030
$6,525,890
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$166,537
$30,209
-82%
Grants Payable
-
-
-
Deferred Revenue
$2,641,828
$2,723,737
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$698,823
$639,969
-8%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,507,188
$3,393,915
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$415,981
$285,503
-31%
Unrestricted Net Assets
$2,766,861
$2,846,472
+3%
Net assets
2023
2024
Change
Net assets
+$3,182,842
+$3,131,975
-2%