Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$2,460,312
Cash & Equivalents
50%
Receivables (Non-Related)
33%
Property, Plant, & Equipment (net)
17%
Prepaid Expenses
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,073,443
Payables & Accruals
47%
Grants Payable
42%
Notes Payable / Debt (Non-Related)
10%
Other Liabilities
<1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$881,011
$1,218,550
+38%
Receivables (Non-Related)
$592,557
$805,827
+36%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$39,651
$25,352
-36%
Investments
-
-
-
Property, Plant, & Equipment (net)
$409,662
$409,501
0%
Other Assets
$1,443
$1,082
-25%
Total Assets
$1,924,324
$2,460,312
+28%
Liabilities
2023
2024
Change
Payables & Accruals
$134,572
$502,975
+274%
Grants Payable
$154,834
$451,081
+191%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$140,377
$110,450
-21%
Related-Party Payables
-
-
-
Other Liabilities
$1,987
$8,937
+350%
Total Liabilities
$431,770
$1,073,443
+149%
Net assets
2023
2024
Change
Restricted Net Assets
$1,104,200
$44,556
-96%
Unrestricted Net Assets
$388,354
$1,342,313
+246%
Net assets
2023
2024
Change
Net assets
+$1,492,554
+$1,386,869
-7%