Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$580,057
Cash & Equivalents
82%
Receivables (Non-Related)
16%
Prepaid Expenses
<1%
Other Assets
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$599,885
Deferred Revenue
83%
Payables & Accruals
13%
Other Liabilities
3%
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
$263,076
$474,968
+81%
Receivables (Non-Related)
$483,510
$91,650
-81%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$8,502
$5,552
-35%
Investments
-
-
-
Property, Plant, & Equipment (net)
$15,441
$3,687
-76%
Other Assets
$4,200
$4,200
+0%
Total Assets
$774,729
$580,057
-25%
Liabilities
2023
2024
Change
Payables & Accruals
$67,011
$80,365
+20%
Grants Payable
-
-
-
Deferred Revenue
-
$498,697
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$39,484
$20,823
-47%
Total Liabilities
$106,495
$599,885
+463%
Net assets
2023
2024
Change
Restricted Net Assets
$563,201
$149,643
-73%
Unrestricted Net Assets
$105,033
-$169,471
-261%
Net assets
2023
2024
Change
Net assets
+$668,234
-$19,828
-103%