Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$16,039,074
Receivables (Non-Related)
55%
Cash & Equivalents
41%
Property, Plant, & Equipment (net)
2%
Inventories
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$2,053,556
Deferred Revenue
88%
Payables & Accruals
8%
Other Liabilities
4%
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
$5,892,416
$6,576,666
+12%
Receivables (Non-Related)
$8,553,904
$8,831,386
+3%
Related-Party Receivables
$0
$0
-
Inventories
$96,173
$104,893
+9%
Prepaid Expenses
$49,934
$47,537
-5%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$564,963
$394,911
-30%
Other Assets
$111,379
$83,681
-25%
Total Assets
$15,268,769
$16,039,074
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$200,255
$169,875
-15%
Grants Payable
-
-
-
Deferred Revenue
$1,800,000
$1,800,000
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$111,380
$83,681
-25%
Total Liabilities
$2,111,635
$2,053,556
-3%
Net assets
2023
2024
Change
Restricted Net Assets
$446,249
$329,069
-26%
Unrestricted Net Assets
$12,710,885
$13,656,449
+7%
Net assets
2023
2024
Change
Net assets
+$13,157,134
+$13,985,518
+6%