Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$5,295,573
Cash & Equivalents
52%
Receivables (Non-Related)
23%
Other Assets
19%
Property, Plant, & Equipment (net)
6%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)
$683,271
Other Liabilities
84%
Notes Payable / Debt (Non-Related)
15%
Payables & Accruals
2%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,545,037
$2,767,802
-22%
Receivables (Non-Related)
$385,654
$1,206,874
+213%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$125,102
$308,536
+147%
Other Assets
-
$1,012,361
-
Total Assets
$4,055,793
$5,295,573
+31%
Liabilities
2023
2024
Change
Payables & Accruals
$1,687
$10,449
+519%
Grants Payable
-
-
-
Deferred Revenue
$1,969,731
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$100,000
-
Related-Party Payables
-
-
-
Other Liabilities
$217,442
$572,822
+163%
Total Liabilities
$2,188,860
$683,271
-69%
Net assets
2023
2024
Change
Restricted Net Assets
$972,250
$1,932,415
+99%
Unrestricted Net Assets
$894,683
$2,679,887
+200%
Net assets
2023
2024
Change
Net assets
+$1,866,933
+$4,612,302
+147%