Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,070,939
Cash & Equivalents
54%
Investments
43%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$163,034
Deferred Revenue
95%
Payables & Accruals
5%
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
$253,636
$582,101
+130%
Receivables (Non-Related)
$945,836
$13,268
-99%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$15,000
$10,032
-33%
Investments
$376,071
$465,538
+24%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$1,590,543
$1,070,939
-33%
Liabilities
2023
2024
Change
Payables & Accruals
$7,915
$7,932
+0%
Grants Payable
-
-
-
Deferred Revenue
$129,446
$155,102
+20%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$137,361
$163,034
+19%
Net assets
2023
2024
Change
Restricted Net Assets
$980,229
$476,827
-51%
Unrestricted Net Assets
$472,953
$431,078
-9%
Net assets
2023
2024
Change
Net assets
+$1,453,182
+$907,905
-38%