Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$749,952
Cash & Equivalents
82%
Property, Plant, & Equipment (net)
13%
Receivables (Non-Related)
5%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$177,023
Notes Payable / Debt (Non-Related)
52%
Deferred Revenue
37%
Other Liabilities
8%
Payables & Accruals
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$610,068
$613,919
+1%
Receivables (Non-Related)
$35,000
$40,486
+16%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$5,101
$1,250
-75%
Investments
-
-
-
Property, Plant, & Equipment (net)
$123,097
$94,297
-23%
Other Assets
-
-
-
Total Assets
$773,266
$749,952
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$46,182
$5,247
-89%
Grants Payable
-
-
-
Deferred Revenue
$25,000
$65,000
+160%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$111,664
$92,443
-17%
Related-Party Payables
-
-
-
Other Liabilities
$26,673
$14,333
-46%
Total Liabilities
$209,519
$177,023
-16%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$563,747
$572,929
+2%
Net assets
2023
2024
Change
Net assets
+$563,747
+$572,929
+2%