Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,881,745
Receivables (Non-Related)
56%
Cash & Equivalents
33%
Property, Plant, & Equipment (net)
6%
Prepaid Expenses
4%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,678,204
Deferred Revenue
76%
Payables & Accruals
11%
Notes Payable / Debt (Non-Related)
7%
Other Liabilities
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$466,179
$622,129
+33%
Receivables (Non-Related)
$163,586
$1,062,755
+550%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$86,747
$78,739
-9%
Investments
-
-
-
Property, Plant, & Equipment (net)
$179,040
$112,970
-37%
Other Assets
$5,152
$5,152
+0%
Total Assets
$900,704
$1,881,745
+109%
Liabilities
2023
2024
Change
Payables & Accruals
$76,915
$191,123
+148%
Grants Payable
-
-
-
Deferred Revenue
$14,500
$1,273,000
+8679%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$149,590
$109,933
-27%
Related-Party Payables
-
-
-
Other Liabilities
$299,532
$104,148
-65%
Total Liabilities
$540,537
$1,678,204
+210%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$360,167
$203,541
-43%
Net assets
2023
2024
Change
Net assets
+$360,167
+$203,541
-43%