Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,067,592
Cash & Equivalents
96%
Receivables (Non-Related)
3%
Prepaid Expenses
1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$519,629
Deferred Revenue
91%
Payables & Accruals
9%
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
$537,620
$1,021,847
+90%
Receivables (Non-Related)
$250,000
$29,546
-88%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,378
$12,691
+276%
Investments
-
-
-
Property, Plant, & Equipment (net)
$4,288
$3,508
-18%
Other Assets
-
-
-
Total Assets
$795,286
$1,067,592
+34%
Liabilities
2023
2024
Change
Payables & Accruals
$42,739
$48,624
+14%
Grants Payable
-
-
-
Deferred Revenue
$67,272
$471,005
+600%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$110,011
$519,629
+372%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$685,275
$547,963
-20%
Net assets
2023
2024
Change
Net assets
+$685,275
+$547,963
-20%