Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,303,094
Property, Plant, & Equipment (net)
52%
Cash & Equivalents
46%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$413,308
Deferred Revenue
93%
Payables & Accruals
7%
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
$1,110,413
$1,532,149
+38%
Receivables (Non-Related)
$192,208
$20,561
-89%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$32,697
$24,385
-25%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
$1,725,999
-
Other Assets
-
-
-
Total Assets
$1,335,318
$3,303,094
+147%
Liabilities
2023
2024
Change
Payables & Accruals
$60,323
$28,799
-52%
Grants Payable
-
-
-
Deferred Revenue
$13,150
$384,509
+2824%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$73,473
$413,308
+463%
Net assets
2023
2024
Change
Restricted Net Assets
$532,423
$446,395
-16%
Unrestricted Net Assets
$729,422
$2,443,391
+235%
Net assets
2023
2024
Change
Net assets
+$1,261,845
+$2,889,786
+129%