Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,184,119
Cash & Equivalents
71%
Property, Plant, & Equipment (net)
22%
Receivables (Non-Related)
3%
Inventories
2%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$46,004
Deferred Revenue
85%
Payables & Accruals
13%
Other Liabilities
2%
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
$2,025,763
$2,276,309
+12%
Receivables (Non-Related)
$179,407
$91,599
-49%
Related-Party Receivables
-
-
-
Inventories
$61,457
$78,439
+28%
Prepaid Expenses
$24,877
$13,158
-47%
Investments
-
-
-
Property, Plant, & Equipment (net)
$714,543
$714,531
0%
Other Assets
$10,083
$10,083
+0%
Total Assets
$3,016,130
$3,184,119
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$8,328
$6,104
-27%
Grants Payable
-
-
-
Deferred Revenue
$164,317
$39,130
-76%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$770
-
Total Liabilities
$172,645
$46,004
-73%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,843,485
$3,138,115
+10%
Net assets
2023
2024
Change
Net assets
+$2,843,485
+$3,138,115
+10%