Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$454,917
Cash & Equivalents
88%
Receivables (Non-Related)
7%
Property, Plant, & Equipment (net)
5%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,170,128
Deferred Revenue
48%
Notes Payable / Debt (Non-Related)
21%
Related-Party Payables
19%
Payables & Accruals
12%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$485,853
$400,853
-17%
Receivables (Non-Related)
$64,392
$31,762
-51%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$0
-
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$9,226
$22,302
+142%
Other Assets
$0
$0
-
Total Assets
$559,471
$454,917
-19%
Liabilities
2023
2024
Change
Payables & Accruals
$36,951
$141,746
+284%
Grants Payable
$0
$0
-
Deferred Revenue
$601,410
$560,706
-7%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$396,159
$241,130
-39%
Related-Party Payables
$226,546
$226,546
+0%
Other Liabilities
$0
$0
-
Total Liabilities
$1,261,066
$1,170,128
-7%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$0
-
Unrestricted Net Assets
-$701,595
-$715,211
-2%
Net assets
2023
2024
Change
Net assets
-$701,595
-$715,211
-2%