Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,313,499
Receivables (Non-Related)
75%
Cash & Equivalents
23%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,439,199
Deferred Revenue
66%
Payables & Accruals
34%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$203,781
$1,012,069
+397%
Receivables (Non-Related)
$3,505,653
$3,255,636
-7%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$7,721
$45,794
+493%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$3,717,155
$4,313,499
+16%
Liabilities
2023
2024
Change
Payables & Accruals
$1,679,456
$1,175,064
-30%
Grants Payable
-
-
-
Deferred Revenue
$933,621
$2,263,558
+142%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$305,044
$577
-100%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$2,918,121
$3,439,199
+18%
Net assets
2023
2024
Change
Restricted Net Assets
$93,682
$93,682
+0%
Unrestricted Net Assets
$705,352
$780,618
+11%
Net assets
2023
2024
Change
Net assets
+$799,034
+$874,300
+9%