Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$10,307,939
Cash & Equivalents
82%
Property, Plant, & Equipment (net)
16%
Receivables (Non-Related)
2%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,022,508
Payables & Accruals
72%
Deferred Revenue
28%
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
$7,635,235
$8,413,861
+10%
Receivables (Non-Related)
$35,722
$187,615
+425%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$23,279
$2,083
-91%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,724,355
$1,653,715
-4%
Other Assets
$41,693
$50,665
+22%
Total Assets
$9,460,284
$10,307,939
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$449,564
$734,635
+63%
Grants Payable
-
-
-
Deferred Revenue
$497,647
$287,873
-42%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$947,211
$1,022,508
+8%
Net assets
2023
2024
Change
Restricted Net Assets
$5,964,266
$6,272,655
+5%
Unrestricted Net Assets
$2,548,807
$3,012,776
+18%
Net assets
2023
2024
Change
Net assets
+$8,513,073
+$9,285,431
+9%