Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$8,965,823
Other Assets
40%
Cash & Equivalents
35%
Investments
11%
Receivables (Non-Related)
8%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
2%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$3,564,852
Deferred Revenue
56%
Payables & Accruals
26%
Notes Payable / Debt (Non-Related)
14%
Other Liabilities
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,318,732
$3,150,215
-50%
Receivables (Non-Related)
$1,931,310
$721,715
-63%
Related-Party Receivables
-
-
-
Inventories
$181,500
$8,180
-95%
Prepaid Expenses
$407,553
$212,827
-48%
Investments
-
$1,007,326
-
Property, Plant, & Equipment (net)
$170,199
$253,955
+49%
Other Assets
$1,727,813
$3,611,605
+109%
Total Assets
$10,737,107
$8,965,823
-16%
Liabilities
2023
2024
Change
Payables & Accruals
$964,912
$909,122
-6%
Grants Payable
-
-
-
Deferred Revenue
$3,352,028
$2,000,129
-40%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$500,000
$493,722
-1%
Related-Party Payables
-
-
-
Other Liabilities
$283,916
$161,879
-43%
Total Liabilities
$5,100,856
$3,564,852
-30%
Net assets
2023
2024
Change
Restricted Net Assets
$204,799
$196,055
-4%
Unrestricted Net Assets
$5,431,452
$5,204,916
-4%
Net assets
2023
2024
Change
Net assets
+$5,636,251
+$5,400,971
-4%