Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,525,915
Cash & Equivalents
43%
Investments
34%
Receivables (Non-Related)
18%
Related-Party Receivables
2%
Prepaid Expenses
2%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$931,328
Deferred Revenue
88%
Payables & Accruals
12%
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
$246,999
$660,065
+167%
Receivables (Non-Related)
$615,000
$276,082
-55%
Related-Party Receivables
$81,366
$37,466
-54%
Inventories
-
-
-
Prepaid Expenses
$138,613
$27,000
-81%
Investments
$504,113
$525,302
+4%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$1,586,091
$1,525,915
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$247,040
$111,328
-55%
Grants Payable
-
-
-
Deferred Revenue
$750,000
$820,000
+9%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$997,040
$931,328
-7%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$589,051
$594,587
+1%
Net assets
2023
2024
Change
Net assets
+$589,051
+$594,587
+1%