Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$13,933,403
Investments
79%
Cash & Equivalents
14%
Prepaid Expenses
5%
Receivables (Non-Related)
1%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$4,777,473
Deferred Revenue
81%
Grants Payable
15%
Payables & Accruals
4%
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
$894,903
$1,954,766
+118%
Receivables (Non-Related)
$492,206
$187,651
-62%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$589,519
$735,468
+25%
Investments
$9,908,645
$10,949,427
+11%
Property, Plant, & Equipment (net)
$83,580
$65,580
-22%
Other Assets
-
$40,511
-
Total Assets
$11,968,853
$13,933,403
+16%
Liabilities
2023
2024
Change
Payables & Accruals
$553,202
$201,942
-63%
Grants Payable
-
$700,000
-
Deferred Revenue
$2,609,308
$3,875,531
+49%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,162,510
$4,777,473
+51%
Net assets
2023
2024
Change
Restricted Net Assets
$195,000
$155,000
-21%
Unrestricted Net Assets
$8,611,343
$9,000,930
+5%
Net assets
2023
2024
Change
Net assets
+$8,806,343
+$9,155,930
+4%