Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$10,542,989
Cash & Equivalents
58%
Receivables (Non-Related)
31%
Prepaid Expenses
10%
Property, Plant, & Equipment (net)
<1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,387,822
Payables & Accruals
74%
Other Liabilities
15%
Deferred Revenue
11%
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
$10,084,390
$6,115,201
-39%
Receivables (Non-Related)
$3,348,540
$3,254,668
-3%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$56,375
$1,077,665
+1812%
Investments
-
-
-
Property, Plant, & Equipment (net)
$63,016
$48,738
-23%
Other Assets
$341,303
$46,717
-86%
Total Assets
$13,893,624
$10,542,989
-24%
Liabilities
2023
2024
Change
Payables & Accruals
$2,073,116
$2,507,290
+21%
Grants Payable
-
-
-
Deferred Revenue
$372,433
$384,373
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$759,197
$496,159
-35%
Total Liabilities
$3,204,746
$3,387,822
+6%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$10,688,878
$7,155,167
-33%
Net assets
2023
2024
Change
Net assets
+$10,688,878
+$7,155,167
-33%