Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$7,965,856
Cash & Equivalents
44%
Other Assets
33%
Property, Plant, & Equipment (net)
18%
Receivables (Non-Related)
5%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$5,668,577
Notes Payable / Debt (Non-Related)
57%
Deferred Revenue
30%
Payables & Accruals
13%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,077,770
$3,491,188
-43%
Receivables (Non-Related)
$680,450
$400,825
-41%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$59,623
$81,717
+37%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,484,398
$1,397,200
-44%
Other Assets
$81,204
$2,594,926
+3096%
Total Assets
$9,383,445
$7,965,856
-15%
Liabilities
2023
2024
Change
Payables & Accruals
$588,096
$747,705
+27%
Grants Payable
-
-
-
Deferred Revenue
$4,347,148
$1,714,442
-61%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$3,117
$2,857
-8%
Notes Payable / Debt (Non-Related)
$1,870,798
$3,203,573
+71%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$6,809,159
$5,668,577
-17%
Net assets
2023
2024
Change
Restricted Net Assets
$1,167,897
$812,343
-30%
Unrestricted Net Assets
$1,406,389
$1,484,936
+6%
Net assets
2023
2024
Change
Net assets
+$2,574,286
+$2,297,279
-11%