Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$1,814,760
Cash & Equivalents
90%
Receivables (Non-Related)
9%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,212,426
Deferred Revenue
76%
Payables & Accruals
24%
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
$917,495
$1,635,859
+78%
Receivables (Non-Related)
$11,000
$163,220
+1384%
Related-Party Receivables
$0
$0
-
Inventories
$0
$0
-
Prepaid Expenses
$14,779
$14,256
-4%
Investments
$0
$0
-
Property, Plant, & Equipment (net)
$2,439
$1,425
-42%
Other Assets
$0
$0
-
Total Assets
$945,713
$1,814,760
+92%
Liabilities
2023
2024
Change
Payables & Accruals
$58,230
$289,275
+397%
Grants Payable
$0
$0
-
Deferred Revenue
$147,632
$923,151
+525%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
$0
$0
-
Notes Payable / Debt (Non-Related)
$0
$0
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$205,862
$1,212,426
+489%
Net assets
2023
2024
Change
Restricted Net Assets
$0
$125,000
-
Unrestricted Net Assets
$739,851
$477,334
-35%
Net assets
2023
2024
Change
Net assets
+$739,851
+$602,334
-19%