Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,421,005
Cash & Equivalents
58%
Receivables (Non-Related)
30%
Property, Plant, & Equipment (net)
11%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,883,996
Deferred Revenue
75%
Payables & Accruals
16%
Notes Payable / Debt (Non-Related)
9%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,119,129
$2,579,560
+22%
Receivables (Non-Related)
$4,170,075
$1,338,148
-68%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$7,024
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$540,522
$496,273
-8%
Other Assets
-
-
-
Total Assets
$6,829,726
$4,421,005
-35%
Liabilities
2023
2024
Change
Payables & Accruals
$2,899,009
$469,023
-84%
Grants Payable
-
-
-
Deferred Revenue
$1,756,786
$2,162,854
+23%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$266,703
$252,119
-5%
Related-Party Payables
-
-
-
Other Liabilities
$25,563
-
-
Total Liabilities
$4,948,061
$2,883,996
-42%
Net assets
2023
2024
Change
Restricted Net Assets
$51,259
$53,182
+4%
Unrestricted Net Assets
$1,830,406
$1,483,827
-19%
Net assets
2023
2024
Change
Net assets
+$1,881,665
+$1,537,009
-18%