Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,985,521
Cash & Equivalents
81%
Property, Plant, & Equipment (net)
16%
Receivables (Non-Related)
2%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$735,402
Deferred Revenue
74%
Payables & Accruals
26%
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
$3,350,263
$3,214,843
-4%
Receivables (Non-Related)
$29,936
$97,481
+226%
Related-Party Receivables
-
-
-
Inventories
$6,130
$6,364
+4%
Prepaid Expenses
$37,368
$33,198
-11%
Investments
-
-
-
Property, Plant, & Equipment (net)
$552,372
$633,635
+15%
Other Assets
$0
-
-
Total Assets
$3,976,069
$3,985,521
+0%
Liabilities
2023
2024
Change
Payables & Accruals
$48,538
$190,841
+293%
Grants Payable
-
-
-
Deferred Revenue
$601,433
$544,561
-9%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$649,971
$735,402
+13%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,326,098
$3,250,119
-2%
Net assets
2023
2024
Change
Net assets
+$3,326,098
+$3,250,119
-2%