Balance Sheet

Fiscal Year: 2023
Assets in 2023 (Year End)
$5,588,655
Cash & Equivalents
65%
Property, Plant, & Equipment (net)
31%
Prepaid Expenses
3%
Receivables (Non-Related)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2023 (Year End)
$1,375,602
Deferred Revenue
47%
Payables & Accruals
23%
Notes Payable / Debt (Non-Related)
20%
Other Liabilities
11%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2022
2023
Change
Cash & Equivalents
$3,940,954
$3,631,152
-8%
Receivables (Non-Related)
$26,215
$46,281
+77%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$169,622
$162,877
-4%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,772,430
$1,725,251
-3%
Other Assets
$23,315
$23,094
-1%
Total Assets
$5,932,536
$5,588,655
-6%
Liabilities
2022
2023
Change
Payables & Accruals
$400,605
$311,582
-22%
Grants Payable
-
-
-
Deferred Revenue
$1,073,888
$640,605
-40%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$282,782
$273,563
-3%
Related-Party Payables
-
-
-
Other Liabilities
$109,898
$149,852
+36%
Total Liabilities
$1,867,173
$1,375,602
-26%
Net assets
2022
2023
Change
Restricted Net Assets
$535,000
$535,000
+0%
Unrestricted Net Assets
$3,530,363
$3,678,053
+4%
Net assets
2022
2023
Change
Net assets
+$4,065,363
+$4,213,053
+4%