Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$3,209,104
Property, Plant, & Equipment (net)
81%
Cash & Equivalents
15%
Investments
4%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,343,426
Deferred Revenue
70%
Notes Payable / Debt (Non-Related)
30%
Payables & Accruals
<1%
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
$1,243,616
$473,685
-62%
Receivables (Non-Related)
$6,202
$1,150
-81%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$95,228
$6,104
-94%
Investments
$122,734
$129,255
+5%
Property, Plant, & Equipment (net)
$15,151
$2,598,910
+17053%
Other Assets
$1,341,869
-
-
Total Assets
$2,824,800
$3,209,104
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$217,067
$616
-100%
Grants Payable
-
-
-
Deferred Revenue
$1,597,468
$939,476
-41%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$100,000
$403,334
+303%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,914,535
$1,343,426
-30%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$910,265
$1,865,678
+105%
Net assets
2023
2024
Change
Net assets
+$910,265
+$1,865,678
+105%