Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$2,858,442
Property, Plant, & Equipment (net)
48%
Receivables (Non-Related)
33%
Cash & Equivalents
19%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$2,182,484
Deferred Revenue
56%
Notes Payable / Debt (Non-Related)
23%
Payables & Accruals
21%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$998,319
$547,324
-45%
Receivables (Non-Related)
$1,557,035
$931,178
-40%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$6,977
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,608,459
$1,372,963
-15%
Other Assets
-
-
-
Total Assets
$4,163,813
$2,858,442
-31%
Liabilities
2023
2024
Change
Payables & Accruals
$398,142
$463,335
+16%
Grants Payable
-
-
-
Deferred Revenue
$1,216,129
$1,219,149
+0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$500,000
-
Related-Party Payables
-
-
-
Other Liabilities
$0
$0
-
Total Liabilities
$1,614,271
$2,182,484
+35%
Net assets
2023
2024
Change
Restricted Net Assets
$2,252,647
$1,700,401
-25%
Unrestricted Net Assets
$296,895
-$1,024,443
-445%
Net assets
2023
2024
Change
Net assets
+$2,549,542
+$675,958
-73%