Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$5,609,699
Cash & Equivalents
67%
Other Assets
11%
Receivables (Non-Related)
10%
Prepaid Expenses
7%
Property, Plant, & Equipment (net)
3%
Inventories
2%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,521,973
Deferred Revenue
75%
Other Liabilities
14%
Payables & Accruals
11%
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
$3,317,024
$3,775,879
+14%
Receivables (Non-Related)
$664,333
$560,165
-16%
Related-Party Receivables
-
-
-
Inventories
$49,314
$85,698
+74%
Prepaid Expenses
$493,258
$395,568
-20%
Investments
-
-
-
Property, Plant, & Equipment (net)
$167,338
$154,683
-8%
Other Assets
$847,375
$637,706
-25%
Total Assets
$5,538,642
$5,609,699
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$141,268
$373,148
+164%
Grants Payable
-
-
-
Deferred Revenue
$2,402,416
$2,642,218
+10%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$743,173
$506,607
-32%
Total Liabilities
$3,286,857
$3,521,973
+7%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$2,251,785
$2,087,726
-7%
Net assets
2023
2024
Change
Net assets
+$2,251,785
+$2,087,726
-7%