Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$7,205,899
Property, Plant, & Equipment (net)
52%
Cash & Equivalents
44%
Other Assets
2%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$389,892
Deferred Revenue
59%
Payables & Accruals
41%
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
$2,385,549
$3,158,103
+32%
Receivables (Non-Related)
$56,944
$71,946
+26%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$20,329
$33,270
+64%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$3,889,888
$3,768,197
-3%
Other Assets
$187,932
$174,383
-7%
Total Assets
$6,540,642
$7,205,899
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$168,021
$161,364
-4%
Grants Payable
-
-
-
Deferred Revenue
$225,851
$228,528
+1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$393,872
$389,892
-1%
Net assets
2023
2024
Change
Restricted Net Assets
$35,293
$15,000
-57%
Unrestricted Net Assets
$6,111,477
$6,801,007
+11%
Net assets
2023
2024
Change
Net assets
+$6,146,770
+$6,816,007
+11%