Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,457,972
Other Assets
30%
Cash & Equivalents
26%
Receivables (Non-Related)
23%
Property, Plant, & Equipment (net)
21%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,502,753
Deferred Revenue
67%
Payables & Accruals
25%
Other Liabilities
8%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$860,992
$1,149,503
+34%
Receivables (Non-Related)
$709,226
$1,026,863
+45%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$12,372
$13,922
+13%
Investments
-
-
-
Property, Plant, & Equipment (net)
$516,074
$947,270
+84%
Other Assets
$98,824
$1,320,414
+1236%
Total Assets
$2,197,488
$4,457,972
+103%
Liabilities
2023
2024
Change
Payables & Accruals
$111,284
$374,694
+237%
Grants Payable
-
-
-
Deferred Revenue
-
$1,012,000
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$98,824
$116,059
+17%
Total Liabilities
$210,108
$1,502,753
+615%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$1,987,380
$2,955,219
+49%
Net assets
2023
2024
Change
Net assets
+$1,987,380
+$2,955,219
+49%