Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$2,612,643
Receivables (Non-Related)
57%
Investments
36%
Cash & Equivalents
7%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,803,027
Deferred Revenue
85%
Payables & Accruals
13%
Related-Party Payables
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$761,408
$179,708
-76%
Receivables (Non-Related)
$375,000
$1,495,000
+299%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$126,500
$8,700
-93%
Investments
$503,893
$927,741
+84%
Property, Plant, & Equipment (net)
$0
$1,494
-
Other Assets
-
-
-
Total Assets
$1,766,801
$2,612,643
+48%
Liabilities
2023
2024
Change
Payables & Accruals
$117,740
$240,560
+104%
Grants Payable
-
-
-
Deferred Revenue
$985,001
$1,525,001
+55%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$81,366
$37,466
-54%
Other Liabilities
$8,885
$0
-100%
Total Liabilities
$1,192,992
$1,803,027
+51%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$573,809
$809,616
+41%
Net assets
2023
2024
Change
Net assets
+$573,809
+$809,616
+41%