Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,539,547
Receivables (Non-Related)
81%
Cash & Equivalents
19%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$50,784
Deferred Revenue
54%
Payables & Accruals
46%
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
$578,136
$298,192
-48%
Receivables (Non-Related)
$1,615,002
$1,241,355
-23%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$3,270
$0
-100%
Other Assets
$0
$0
-
Total Assets
$2,196,408
$1,539,547
-30%
Liabilities
2023
2024
Change
Payables & Accruals
$45,330
$23,334
-49%
Grants Payable
-
-
-
Deferred Revenue
$167,890
$27,450
-84%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$213,220
$50,784
-76%
Net assets
2023
2024
Change
Restricted Net Assets
$1,338,130
$1,220,798
-9%
Unrestricted Net Assets
$645,058
$267,965
-58%
Net assets
2023
2024
Change
Net assets
+$1,983,188
+$1,488,763
-25%