Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,317,863
Property, Plant, & Equipment (net)
45%
Receivables (Non-Related)
39%
Cash & Equivalents
16%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$195,993
Deferred Revenue
68%
Payables & Accruals
32%
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
$335,519
$210,496
-37%
Receivables (Non-Related)
$714,341
$511,355
-28%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$538,716
$596,012
+11%
Other Assets
-
-
-
Total Assets
$1,588,576
$1,317,863
-17%
Liabilities
2023
2024
Change
Payables & Accruals
$203,330
$62,887
-69%
Grants Payable
-
-
-
Deferred Revenue
$50,000
$133,106
+166%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$253,330
$195,993
-23%
Net assets
2023
2024
Change
Restricted Net Assets
$4,024
$0
-100%
Unrestricted Net Assets
$1,331,222
$1,121,870
-16%
Net assets
2023
2024
Change
Net assets
+$1,335,246
+$1,121,870
-16%