Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,290,592
Cash & Equivalents
78%
Receivables (Non-Related)
19%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$420,620
Deferred Revenue
56%
Payables & Accruals
44%
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
$1,544,417
$1,012,295
-34%
Receivables (Non-Related)
$473,025
$244,004
-48%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$29,789
$28,364
-5%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,383
$5,929
+329%
Other Assets
-
-
-
Total Assets
$2,048,614
$1,290,592
-37%
Liabilities
2023
2024
Change
Payables & Accruals
$160,293
$186,595
+16%
Grants Payable
-
-
-
Deferred Revenue
$3,025
$234,025
+7636%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$163,318
$420,620
+158%
Net assets
2023
2024
Change
Restricted Net Assets
$1,050,740
$332,280
-68%
Unrestricted Net Assets
$834,556
$537,692
-36%
Net assets
2023
2024
Change
Net assets
+$1,885,296
+$869,972
-54%