Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$2,276,968
Cash & Equivalents
80%
Receivables (Non-Related)
16%
Prepaid Expenses
4%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$424,528
Payables & Accruals
85%
Deferred Revenue
15%
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
$1,813,214
$1,815,371
+0%
Receivables (Non-Related)
$703,721
$358,524
-49%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$40,264
$92,753
+130%
Investments
-
-
-
Property, Plant, & Equipment (net)
$19,743
$10,320
-48%
Other Assets
-
-
-
Total Assets
$2,576,942
$2,276,968
-12%
Liabilities
2023
2024
Change
Payables & Accruals
$203,802
$361,009
+77%
Grants Payable
-
-
-
Deferred Revenue
$601,750
$63,519
-89%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$805,552
$424,528
-47%
Net assets
2023
2024
Change
Restricted Net Assets
-
$288,000
-
Unrestricted Net Assets
$1,771,390
$1,564,440
-12%
Net assets
2023
2024
Change
Net assets
+$1,771,390
+$1,852,440
+5%