Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$6,605,100
Receivables (Non-Related)
48%
Property, Plant, & Equipment (net)
26%
Cash & Equivalents
25%
Inventories
2%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$986,250
Deferred Revenue
39%
Payables & Accruals
31%
Notes Payable / Debt (Non-Related)
31%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,452,215
$1,629,007
+12%
Receivables (Non-Related)
$2,937,429
$3,180,018
+8%
Related-Party Receivables
-
-
-
Inventories
$111,670
$111,670
+0%
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,700,134
$1,684,405
-1%
Other Assets
-
-
-
Total Assets
$6,201,448
$6,605,100
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$28,806
$305,235
+960%
Grants Payable
-
-
-
Deferred Revenue
$380,000
$380,000
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$316,376
$301,015
-5%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$725,182
$986,250
+36%
Net assets
2023
2024
Change
Restricted Net Assets
$5,476,266
$5,618,850
+3%
Unrestricted Net Assets
-
-
-
Net assets
2023
2024
Change
Net assets
+$5,476,266
+$5,618,850
+3%