Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$10,748,796
Cash & Equivalents
52%
Property, Plant, & Equipment (net)
26%
Receivables (Non-Related)
20%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$535,514
Other Liabilities
51%
Payables & Accruals
28%
Deferred Revenue
20%
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
$5,925,085
$5,624,456
-5%
Receivables (Non-Related)
$259,702
$2,138,712
+724%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$67,864
$53,543
-21%
Investments
-
-
-
Property, Plant, & Equipment (net)
$2,640,838
$2,783,028
+5%
Other Assets
$227,011
$149,057
-34%
Total Assets
$9,120,500
$10,748,796
+18%
Liabilities
2023
2024
Change
Payables & Accruals
$224,114
$152,260
-32%
Grants Payable
-
-
-
Deferred Revenue
$187,364
$109,579
-42%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,101,337
$273,675
-75%
Total Liabilities
$1,512,815
$535,514
-65%
Net assets
2023
2024
Change
Restricted Net Assets
$1,984,031
$4,010,913
+102%
Unrestricted Net Assets
$5,623,654
$6,202,369
+10%
Net assets
2023
2024
Change
Net assets
+$7,607,685
+$10,213,282
+34%