Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$6,451,676
Other Assets
89%
Investments
4%
Receivables (Non-Related)
4%
Inventories
2%
Cash & Equivalents
1%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$2,751,447
Notes Payable / Debt (Non-Related)
62%
Other Liabilities
20%
Payables & Accruals
9%
Deferred Revenue
6%
Related-Party Payables
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$558,540
$75,356
-87%
Receivables (Non-Related)
$250,742
$245,464
-2%
Related-Party Receivables
-
-
-
Inventories
$104,395
$103,506
-1%
Prepaid Expenses
$43,480
$17,151
-61%
Investments
$253,126
$253,126
+0%
Property, Plant, & Equipment (net)
$5,786
$2,112
-63%
Other Assets
$5,149,930
$5,754,961
+12%
Total Assets
$6,365,999
$6,451,676
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$205,326
$248,106
+21%
Grants Payable
-
-
-
Deferred Revenue
$274,993
$175,215
-36%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,700,000
$1,700,000
+0%
Related-Party Payables
-
$75,000
-
Other Liabilities
$253,126
$553,126
+119%
Total Liabilities
$2,433,445
$2,751,447
+13%
Net assets
2023
2024
Change
Restricted Net Assets
$100,000
$390,000
+290%
Unrestricted Net Assets
$3,832,554
$3,310,229
-14%
Net assets
2023
2024
Change
Net assets
+$3,932,554
+$3,700,229
-6%