Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$896,254
Receivables (Non-Related)
63%
Cash & Equivalents
23%
Property, Plant, & Equipment (net)
7%
Prepaid Expenses
6%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$483,851
Payables & Accruals
49%
Deferred Revenue
35%
Grants Payable
16%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$291,707
$208,834
-28%
Receivables (Non-Related)
$573,471
$568,652
-1%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$8,531
$57,271
+571%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$66,122
$58,997
-11%
Other Assets
$2,500
$2,500
+0%
Total Assets
$942,331
$896,254
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$187,388
$236,819
+26%
Grants Payable
$22,000
$77,000
+250%
Deferred Revenue
$94,000
$170,032
+81%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$303,388
$483,851
+59%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$638,943
$412,403
-35%
Net assets
2023
2024
Change
Net assets
+$638,943
+$412,403
-35%