Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,653,276
Investments
57%
Cash & Equivalents
18%
Other Assets
9%
Property, Plant, & Equipment (net)
7%
Receivables (Non-Related)
7%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,278,611
Deferred Revenue
84%
Other Liabilities
11%
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%
Assets
2023
2024
Change
Cash & Equivalents
$610,377
$296,254
-51%
Receivables (Non-Related)
$51,383
$110,481
+115%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$18,494
$36,944
+100%
Investments
$900,000
$942,228
+5%
Property, Plant, & Equipment (net)
$0
$120,821
-
Other Assets
$55,901
$146,548
+162%
Total Assets
$1,636,155
$1,653,276
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$220,097
$65,931
-70%
Grants Payable
-
-
-
Deferred Revenue
$1,089,184
$1,074,572
-1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$47,461
$138,108
+191%
Total Liabilities
$1,356,742
$1,278,611
-6%
Net assets
2023
2024
Change
Restricted Net Assets
-
$100,000
-
Unrestricted Net Assets
$279,413
$274,665
-2%
Net assets
2023
2024
Change
Net assets
+$279,413
+$374,665
+34%