Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$12,480,044
Receivables (Non-Related)
65%
Cash & Equivalents
32%
Property, Plant, & Equipment (net)
3%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,005,706
Deferred Revenue
52%
Notes Payable / Debt (Non-Related)
46%
Payables & Accruals
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,241,919
$3,966,042
-7%
Receivables (Non-Related)
$6,142,354
$8,168,425
+33%
Related-Party Receivables
$0
-
-
Inventories
-
-
-
Prepaid Expenses
$4,606
$4,632
+1%
Investments
-
-
-
Property, Plant, & Equipment (net)
$119,172
$335,574
+182%
Other Assets
$40,391
$5,371
-87%
Total Assets
$10,548,442
$12,480,044
+18%
Liabilities
2023
2024
Change
Payables & Accruals
$121,636
$134,499
+11%
Grants Payable
$0
$0
-
Deferred Revenue
$2,890,442
$3,109,851
+8%
Tax-Exempt Bond Liabilities
-
$0
-
Custodial & Escrow Liabilities
-
$0
-
Notes Payable / Debt (Non-Related)
$2,473,358
$2,761,356
+12%
Related-Party Payables
-
$0
-
Other Liabilities
-
-
-
Total Liabilities
$5,485,436
$6,005,706
+9%
Net assets
2023
2024
Change
Restricted Net Assets
$6,115,623
$6,115,623
+0%
Unrestricted Net Assets
-$1,052,617
$358,715
-134%
Net assets
2023
2024
Change
Net assets
+$5,063,006
+$6,474,338
+28%