Balance Sheet

Fiscal Year: 2025
Assets in 2025 (Year End)
$1,279,229
Cash & Equivalents
97%
Prepaid Expenses
2%
Receivables (Non-Related)
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2025 (Year End)
$231,079
Grants Payable
56%
Deferred Revenue
31%
Other Liabilities
7%
Payables & Accruals
6%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2024
2025
Change
Cash & Equivalents
$1,326,836
$1,242,285
-6%
Receivables (Non-Related)
$27,500
$16,569
-40%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$15,000
$20,375
+36%
Investments
-
-
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$1,369,336
$1,279,229
-7%
Liabilities
2024
2025
Change
Payables & Accruals
$14,260
$13,327
-7%
Grants Payable
$50,000
$130,000
+160%
Deferred Revenue
$50,750
$71,305
+41%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$11,338
$16,447
+45%
Total Liabilities
$126,348
$231,079
+83%
Net assets
2024
2025
Change
Restricted Net Assets
$27,500
$14,775
-46%
Unrestricted Net Assets
$1,215,488
$1,033,375
-15%
Net assets
2024
2025
Change
Net assets
+$1,242,988
+$1,048,150
-16%