Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$4,899,541
Cash & Equivalents
53%
Property, Plant, & Equipment (net)
27%
Receivables (Non-Related)
10%
Other Assets
8%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,754,079
Notes Payable / Debt (Non-Related)
57%
Deferred Revenue
23%
Payables & Accruals
20%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,916,728
$2,586,465
+35%
Receivables (Non-Related)
$304,698
$486,221
+60%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$58,476
$96,347
+65%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,422,538
$1,346,000
-5%
Other Assets
$204,127
$384,508
+88%
Total Assets
$3,906,567
$4,899,541
+25%
Liabilities
2023
2024
Change
Payables & Accruals
$240,057
$342,706
+43%
Grants Payable
-
-
-
Deferred Revenue
$224,785
$404,144
+80%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,056,574
$1,007,229
-5%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,521,416
$1,754,079
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$194,785
$374,144
+92%
Unrestricted Net Assets
$2,190,366
$2,771,318
+27%
Net assets
2023
2024
Change
Net assets
+$2,385,151
+$3,145,462
+32%