Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$4,614,882
Cash & Equivalents
66%
Other Assets
27%
Receivables (Non-Related)
3%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
2%
Related-Party Receivables
<1%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,941,683
Other Liabilities
66%
Payables & Accruals
20%
Deferred Revenue
14%
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
$2,559,363
$3,022,908
+18%
Receivables (Non-Related)
-
$118,926
-
Related-Party Receivables
$60,000
$40,000
-33%
Inventories
-
-
-
Prepaid Expenses
$81,985
$91,920
+12%
Investments
-
-
-
Property, Plant, & Equipment (net)
$104,742
$73,065
-30%
Other Assets
$1,908,171
$1,268,063
-34%
Total Assets
$4,714,261
$4,614,882
-2%
Liabilities
2023
2024
Change
Payables & Accruals
$370,692
$384,531
+4%
Grants Payable
-
-
-
Deferred Revenue
$281,444
$280,547
0%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$63,513
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,013,369
$1,276,605
-37%
Total Liabilities
$2,729,018
$1,941,683
-29%
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
+$1,985,243
+$2,673,199
+35%