Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$5,587,263
Cash & Equivalents
46%
Prepaid Expenses
39%
Investments
14%
Receivables (Non-Related)
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$4,433,201
Deferred Revenue
81%
Payables & Accruals
19%
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
$2,425,530
$2,557,650
+5%
Receivables (Non-Related)
$26,888
$38,440
+43%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$1,007,373
$2,206,961
+119%
Investments
$1,691,819
$783,145
-54%
Property, Plant, & Equipment (net)
$1,207
$1,067
-12%
Other Assets
-
-
-
Total Assets
$5,152,817
$5,587,263
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$1,033,285
$821,766
-20%
Grants Payable
-
-
-
Deferred Revenue
$2,233,875
$3,611,435
+62%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$3,267,160
$4,433,201
+36%
Net assets
2023
2024
Change
Restricted Net Assets
$500,000
$500,000
+0%
Unrestricted Net Assets
$1,385,657
$654,062
-53%
Net assets
2023
2024
Change
Net assets
+$1,885,657
+$1,154,062
-39%