Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,759,712
Cash & Equivalents
74%
Receivables (Non-Related)
15%
Investments
6%
Other Assets
3%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$139,202
Payables & Accruals
62%
Other Liabilities
30%
Deferred Revenue
8%
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
$927,006
$1,308,849
+41%
Receivables (Non-Related)
$630,579
$260,112
-59%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$22,448
$35,861
+60%
Investments
-
$100,000
-
Property, Plant, & Equipment (net)
$13,044
$8,396
-36%
Other Assets
$45,787
$46,494
+2%
Total Assets
$1,638,864
$1,759,712
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$100,173
$86,192
-14%
Grants Payable
-
-
-
Deferred Revenue
$64,410
$10,703
-83%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$41,600
$42,307
+2%
Total Liabilities
$206,183
$139,202
-32%
Net assets
2023
2024
Change
Restricted Net Assets
$75,000
$145,703
+94%
Unrestricted Net Assets
$1,357,681
$1,474,807
+9%
Net assets
2023
2024
Change
Net assets
+$1,432,681
+$1,620,510
+13%