Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,406,339
Receivables (Non-Related)
57%
Property, Plant, & Equipment (net)
27%
Other Assets
9%
Cash & Equivalents
8%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$617,398
Deferred Revenue
41%
Payables & Accruals
38%
Other Liabilities
21%
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
$1,626,024
$108,472
-93%
Receivables (Non-Related)
$265,543
$801,124
+202%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$833
$1,253
+50%
Investments
-
-
-
Property, Plant, & Equipment (net)
$70,011
$372,804
+432%
Other Assets
$122,686
$122,686
+0%
Total Assets
$2,085,097
$1,406,339
-33%
Liabilities
2023
2024
Change
Payables & Accruals
$116,167
$237,050
+104%
Grants Payable
-
-
-
Deferred Revenue
$467,638
$253,726
-46%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$122,686
$126,622
+3%
Total Liabilities
$706,491
$617,398
-13%
Net assets
2023
2024
Change
Restricted Net Assets
$422,777
$826,865
+96%
Unrestricted Net Assets
$955,829
-$37,924
-104%
Net assets
2023
2024
Change
Net assets
+$1,378,606
+$788,941
-43%