Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$9,617,689
Property, Plant, & Equipment (net)
56%
Receivables (Non-Related)
34%
Cash & Equivalents
9%
Prepaid Expenses
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,024,627
Payables & Accruals
80%
Deferred Revenue
11%
Other Liabilities
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
$8,909,470
$872,579
-90%
Receivables (Non-Related)
$4,181,099
$3,287,853
-21%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$225,110
$59,535
-74%
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,516,526
$5,343,299
-3%
Other Assets
$395,633
$54,423
-86%
Total Assets
$19,227,838
$9,617,689
-50%
Liabilities
2023
2024
Change
Payables & Accruals
$2,301,268
$823,730
-64%
Grants Payable
-
-
-
Deferred Revenue
$590,713
$117,300
-80%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,989,280
$83,597
-96%
Total Liabilities
$4,881,261
$1,024,627
-79%
Net assets
2023
2024
Change
Restricted Net Assets
$6,425,242
$5,129,368
-20%
Unrestricted Net Assets
$7,921,335
$3,463,694
-56%
Net assets
2023
2024
Change
Net assets
+$14,346,577
+$8,593,062
-40%