Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$9,015,096
Cash & Equivalents
78%
Receivables (Non-Related)
13%
Property, Plant, & Equipment (net)
8%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,545,050
Deferred Revenue
54%
Payables & Accruals
46%
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
$5,868,502
$7,028,685
+20%
Receivables (Non-Related)
$4,609,434
$1,201,357
-74%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$36,026
$80,561
+124%
Investments
-
-
-
Property, Plant, & Equipment (net)
$710,242
$704,493
-1%
Other Assets
-
-
-
Total Assets
$11,224,204
$9,015,096
-20%
Liabilities
2023
2024
Change
Payables & Accruals
$5,639,271
$1,164,546
-79%
Grants Payable
-
-
-
Deferred Revenue
$156,510
$1,380,504
+782%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$5,795,781
$2,545,050
-56%
Net assets
2023
2024
Change
Restricted Net Assets
$2,455,863
$2,559,700
+4%
Unrestricted Net Assets
$2,972,560
$3,910,346
+32%
Net assets
2023
2024
Change
Net assets
+$5,428,423
+$6,470,046
+19%