Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$3,144,435
Investments
56%
Receivables (Non-Related)
16%
Other Assets
16%
Cash & Equivalents
13%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$1,137,491
Deferred Revenue
79%
Payables & Accruals
21%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,308,584
$402,699
-83%
Receivables (Non-Related)
$0
$500,000
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
-
$1,745,518
-
Property, Plant, & Equipment (net)
-
-
-
Other Assets
$1,350,162
$496,218
-63%
Total Assets
$3,658,746
$3,144,435
-14%
Liabilities
2023
2024
Change
Payables & Accruals
$220,655
$237,491
+8%
Grants Payable
-
-
-
Deferred Revenue
$800,000
$900,000
+13%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,020,655
$1,137,491
+11%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$2,638,091
+$2,006,944
-24%