Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$13,879,931
Investments
87%
Cash & Equivalents
12%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,712,197
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
$7,940,445
$1,620,641
-80%
Receivables (Non-Related)
$580,000
$187,410
-68%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$20,134
$25,234
+25%
Investments
$5,244,598
$12,041,402
+130%
Property, Plant, & Equipment (net)
$7,180
$5,244
-27%
Other Assets
-
-
-
Total Assets
$13,792,357
$13,879,931
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$319,303
$256,908
-20%
Grants Payable
-
-
-
Deferred Revenue
$3,408,995
$2,455,289
-28%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,728,298
$2,712,197
-27%
Net assets
2023
2024
Change
Restricted Net Assets
-
$1,314,355
-
Unrestricted Net Assets
$10,064,059
$9,853,379
-2%
Net assets
2023
2024
Change
Net assets
+$10,064,059
+$11,167,734
+11%