Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,176,708
Cash & Equivalents
61%
Property, Plant, & Equipment (net)
27%
Receivables (Non-Related)
6%
Investments
6%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Liabilities in 2024 (Year End)
$2,123,881
Deferred Revenue
62%
Notes Payable / Debt (Non-Related)
36%
Payables & Accruals
1%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,432,923
$2,541,111
+4%
Receivables (Non-Related)
$34,090
$269,719
+691%
Related-Party Receivables
-
-
-
Inventories
$230
$2,750
+1096%
Prepaid Expenses
-
-
-
Investments
$307,733
$244,338
-21%
Property, Plant, & Equipment (net)
$38,248
$1,115,988
+2818%
Other Assets
$0
$2,802
-
Total Assets
$2,813,224
$4,176,708
+48%
Liabilities
2023
2024
Change
Payables & Accruals
$53,328
$31,721
-41%
Grants Payable
-
-
-
Deferred Revenue
$1,046,068
$1,320,862
+26%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$765,672
-
Related-Party Payables
-
-
-
Other Liabilities
$0
$5,626
-
Total Liabilities
$1,099,396
$2,123,881
+93%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$1,713,828
+$2,052,827
+20%