Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$2,335,390
Cash & Equivalents
58%
Property, Plant, & Equipment (net)
41%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$110,115
Deferred Revenue
69%
Payables & Accruals
31%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,874,477
$1,365,166
-27%
Receivables (Non-Related)
-
$0
-
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$0
$4,230
-
Investments
-
$0
-
Property, Plant, & Equipment (net)
$600,501
$965,994
+61%
Other Assets
$925
$0
-100%
Total Assets
$2,475,903
$2,335,390
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$33,230
$34,265
+3%
Grants Payable
-
$0
-
Deferred Revenue
$75,000
$75,850
+1%
Tax-Exempt Bond Liabilities
-
$0
-
Custodial & Escrow Liabilities
-
$0
-
Notes Payable / Debt (Non-Related)
-
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$108,230
$110,115
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$325,000
$1,214,297
+274%
Unrestricted Net Assets
$2,042,673
$1,010,978
-51%
Net assets
2023
2024
Change
Net assets
+$2,367,673
+$2,225,275
-6%