Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$62,745,098
Cash & Equivalents
>99%
Receivables (Non-Related)
<1%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Liabilities in 2024 (Year End)
$61,403,001
Deferred Revenue
87%
Notes Payable / Debt (Non-Related)
13%
Payables & Accruals
<1%
Other Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$22,753,457
$62,193,067
+173%
Receivables (Non-Related)
$3,806,287
$511,885
-87%
Related-Party Receivables
$0
$0
-
Inventories
$0
-
-
Prepaid Expenses
$31,243
$5,920
-81%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$64,855
$34,226
-47%
Total Assets
$26,655,842
$62,745,098
+135%
Liabilities
2023
2024
Change
Payables & Accruals
$169,504
$199,537
+18%
Grants Payable
$0
-
-
Deferred Revenue
$15,690,280
$53,253,659
+239%
Tax-Exempt Bond Liabilities
$0
-
-
Custodial & Escrow Liabilities
$0
-
-
Notes Payable / Debt (Non-Related)
$5,835,000
$7,925,982
+36%
Related-Party Payables
$0
$0
-
Other Liabilities
$269,002
$23,823
-91%
Total Liabilities
$21,963,786
$61,403,001
+180%
Net assets
2023
2024
Change
Restricted Net Assets
$4,431,903
$1,153,292
-74%
Unrestricted Net Assets
$260,153
$188,805
-27%
Net assets
2023
2024
Change
Net assets
+$4,692,056
+$1,342,097
-71%