Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$237,745
Cash & Equivalents
78%
Property, Plant, & Equipment (net)
13%
Prepaid Expenses
5%
Other Assets
3%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$276,930
Deferred Revenue
63%
Notes Payable / Debt (Non-Related)
19%
Other Liabilities
13%
Payables & Accruals
5%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$219,592
$186,514
-15%
Receivables (Non-Related)
-
$355
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$7,500
$11,653
+55%
Investments
-
-
-
Property, Plant, & Equipment (net)
$69,219
$31,223
-55%
Other Assets
$38,351
$8,000
-79%
Total Assets
$334,662
$237,745
-29%
Liabilities
2023
2024
Change
Payables & Accruals
$16,024
$13,825
-14%
Grants Payable
-
-
-
Deferred Revenue
-
$175,000
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$29,265
$51,757
+77%
Related-Party Payables
-
-
-
Other Liabilities
$70,731
$36,348
-49%
Total Liabilities
$116,020
$276,930
+139%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$218,642
-$39,185
-118%
Net assets
2023
2024
Change
Net assets
+$218,642
-$39,185
-118%