Balance Sheet

Fiscal Year: 2024
Oct 1, 2023 – Sep 30, 2024
Assets in 2024 (Year End)
$2,790,030
Cash & Equivalents
75%
Receivables (Non-Related)
21%
Prepaid Expenses
4%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$10,887,340
Deferred Revenue
52%
Other Liabilities
31%
Payables & Accruals
9%
Notes Payable / Debt (Non-Related)
6%
Related-Party Payables
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$1,753,143
$2,102,365
+20%
Receivables (Non-Related)
$344,089
$572,280
+66%
Related-Party Receivables
-
$0
-
Inventories
-
-
-
Prepaid Expenses
$135,071
$115,385
-15%
Investments
-
$0
-
Property, Plant, & Equipment (net)
$0
-
-
Other Assets
$0
$0
-
Total Assets
$2,232,303
$2,790,030
+25%
Liabilities
2023
2024
Change
Payables & Accruals
$791,794
$942,041
+19%
Grants Payable
-
-
-
Deferred Revenue
$4,957,309
$5,646,000
+14%
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
$1,253,571
$698,218
-44%
Related-Party Payables
-
$254,217
-
Other Liabilities
$2,262,777
$3,346,864
+48%
Total Liabilities
$9,265,451
$10,887,340
+18%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
-$7,033,148
-$8,097,310
-15%