Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$2,415,314
Property, Plant, & Equipment (net)
55%
Receivables (Non-Related)
29%
Cash & Equivalents
15%
Prepaid Expenses
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,327,938
Deferred Revenue
51%
Other Liabilities
34%
Payables & Accruals
15%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$392,277
$371,865
-5%
Receivables (Non-Related)
$98,762
$690,837
+599%
Related-Party Receivables
-
-
-
Inventories
$8,782
$8,782
+0%
Prepaid Expenses
$14,187
$12,369
-13%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,356,627
$1,331,461
-2%
Other Assets
-
-
-
Total Assets
$1,870,635
$2,415,314
+29%
Liabilities
2023
2024
Change
Payables & Accruals
$183,136
$204,141
+11%
Grants Payable
-
-
-
Deferred Revenue
$345,829
$673,797
+95%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$450,000
-
Total Liabilities
$528,965
$1,327,938
+151%
Net assets
2023
2024
Change
Restricted Net Assets
$547,691
$5,000
-99%
Unrestricted Net Assets
$793,979
$1,082,376
+36%
Net assets
2023
2024
Change
Net assets
+$1,341,670
+$1,087,376
-19%