Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$3,170,720
Cash & Equivalents
74%
Receivables (Non-Related)
24%
Prepaid Expenses
1%
Other Assets
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,594,760
Notes Payable / Debt (Non-Related)
63%
Deferred Revenue
31%
Payables & Accruals
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,866,172
$2,345,895
+26%
Receivables (Non-Related)
$1,037,676
$776,486
-25%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$107,806
$44,381
-59%
Investments
$10,090
$0
-100%
Property, Plant, & Equipment (net)
$2,663
$979
-63%
Other Assets
$2,230
$2,979
+34%
Total Assets
$3,026,637
$3,170,720
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$104,752
$95,593
-9%
Grants Payable
-
-
-
Deferred Revenue
$447,917
$499,167
+11%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
$1,000,000
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$552,669
$1,594,760
+189%
Net assets
2023
2024
Change
Restricted Net Assets
$300,000
$5,000
-98%
Unrestricted Net Assets
$2,173,968
$1,570,960
-28%
Net assets
2023
2024
Change
Net assets
+$2,473,968
+$1,575,960
-36%