Balance Sheet

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Assets in 2024 (Year End)
$17,246,189
Cash & Equivalents
66%
Receivables (Non-Related)
29%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$12,030,150
Deferred Revenue
62%
Payables & Accruals
38%
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
$16,254,933
$11,412,656
-30%
Receivables (Non-Related)
$3,540,479
$4,969,563
+40%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$141,049
$104,137
-26%
Investments
-
-
-
Property, Plant, & Equipment (net)
$782,904
$759,833
-3%
Other Assets
-
-
-
Total Assets
$20,719,365
$17,246,189
-17%
Liabilities
2023
2024
Change
Payables & Accruals
$3,508,152
$4,533,705
+29%
Grants Payable
-
-
-
Deferred Revenue
$9,216,236
$7,496,445
-19%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$12,724,388
$12,030,150
-5%
Net assets
2023
2024
Change
Restricted Net Assets
$1,795,188
$332,863
-81%
Unrestricted Net Assets
$6,199,789
$4,883,176
-21%
Net assets
2023
2024
Change
Net assets
+$7,994,977
+$5,216,039
-35%