Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$3,133,122
Cash & Equivalents
79%
Property, Plant, & Equipment (net)
18%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Inventories
<1%
Other Assets
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$292,193
Deferred Revenue
83%
Payables & Accruals
17%
Grants Payable
0%
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
$1,471,212
$2,489,529
+69%
Receivables (Non-Related)
$198,951
$45,708
-77%
Related-Party Receivables
-
-
-
Inventories
$11,825
$16,430
+39%
Prepaid Expenses
$21,347
$27,788
+30%
Investments
-
-
-
Property, Plant, & Equipment (net)
$552,667
$552,667
+0%
Other Assets
$1,000
$1,000
+0%
Total Assets
$2,257,002
$3,133,122
+39%
Liabilities
2023
2024
Change
Payables & Accruals
$210,932
$49,737
-76%
Grants Payable
-
-
-
Deferred Revenue
$302,561
$242,456
-20%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$23,882
-
-
Total Liabilities
$537,375
$292,193
-46%
Net assets
2023
2024
Change
Restricted Net Assets
-
$4,226,729
-
Unrestricted Net Assets
$1,719,627
-$1,385,800
-181%
Net assets
2023
2024
Change
Net assets
+$1,719,627
+$2,840,929
+65%