FIRST FLIGHT VENTURE CENTER INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$12,834,460
Cash & Equivalents
81%
Property, Plant, & Equipment (net)
15%
Receivables (Non-Related)
3%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$360,835
Notes Payable / Debt (Non-Related)
39%
Payables & Accruals
38%
Other Liabilities
23%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,197,757
$10,412,558
+769%
Receivables (Non-Related)
$373,250
$439,536
+18%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$8,814
$7,620
-14%
Investments
-
-
-
Property, Plant, & Equipment (net)
$544,370
$1,974,746
+263%
Other Assets
$20,072
-
-
Total Assets
$2,144,263
$12,834,460
+499%
Liabilities
2023
2024
Change
Payables & Accruals
$24,632
$136,488
+454%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$150,499
$140,854
-6%
Related-Party Payables
-
-
-
Other Liabilities
$67,173
$83,493
+24%
Total Liabilities
$242,304
$360,835
+49%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,901,959
$12,473,625
+556%
Net assets
2023
2024
Change
Net assets
+$1,901,959
+$12,473,625
+556%
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