Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$13,835,994
Cash & Equivalents
63%
Receivables (Non-Related)
16%
Property, Plant, & Equipment (net)
9%
Prepaid Expenses
7%
Other Assets
4%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,333,299
Payables & Accruals
65%
Other Liabilities
27%
Deferred Revenue
8%
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
$7,700,889
$8,778,687
+14%
Receivables (Non-Related)
$2,777,208
$2,169,503
-22%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,211,616
$1,024,773
-15%
Investments
-
-
-
Property, Plant, & Equipment (net)
$946,467
$1,241,576
+31%
Other Assets
$768,077
$621,455
-19%
Total Assets
$13,404,257
$13,835,994
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$1,436,275
$1,516,103
+6%
Grants Payable
-
-
-
Deferred Revenue
$229,373
$193,089
-16%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$775,084
$624,107
-19%
Total Liabilities
$2,440,732
$2,333,299
-4%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$10,963,525
$11,502,695
+5%
Net assets
2023
2024
Change
Net assets
+$10,963,525
+$11,502,695
+5%