Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$12,057,310
Cash & Equivalents
47%
Investments
40%
Receivables (Non-Related)
6%
Other Assets
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$6,369,850
Notes Payable / Debt (Non-Related)
63%
Deferred Revenue
31%
Other Liabilities
3%
Payables & Accruals
2%
Custodial & Escrow Liabilities
1%
Related-Party Payables
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$7,203,121
$5,689,046
-21%
Receivables (Non-Related)
$5,202,914
$713,315
-86%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$127,950
$106,118
-17%
Investments
$239
$4,868,809
+2037059%
Property, Plant, & Equipment (net)
$29,027
$0
-100%
Other Assets
$1,772,044
$680,022
-62%
Total Assets
$14,335,295
$12,057,310
-16%
Liabilities
2023
2024
Change
Payables & Accruals
$856,426
$131,471
-85%
Grants Payable
-
-
-
Deferred Revenue
$222,630
$1,980,042
+789%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$637,593
$75,933
-88%
Notes Payable / Debt (Non-Related)
$4,447,734
$4,016,863
-10%
Related-Party Payables
$1,000
$1,000
+0%
Other Liabilities
$226,099
$164,541
-27%
Total Liabilities
$6,391,482
$6,369,850
0%
Net assets
2023
2024
Change
Restricted Net Assets
$1,064,345
$1,153,746
+8%
Unrestricted Net Assets
$6,879,468
$4,533,714
-34%
Net assets
2023
2024
Change
Net assets
+$7,943,813
+$5,687,460
-28%