Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$15,646,990
Cash & Equivalents
49%
Receivables (Non-Related)
47%
Prepaid Expenses
2%
Other Assets
2%
Property, Plant, & Equipment (net)
<1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$6,878,545
Notes Payable / Debt (Non-Related)
44%
Deferred Revenue
43%
Payables & Accruals
11%
Other Liabilities
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,134,650
$7,660,925
-6%
Receivables (Non-Related)
$7,398,802
$7,309,469
-1%
Related-Party Receivables
$0
$0
-
Inventories
-
$11,055
-
Prepaid Expenses
$283,200
$352,714
+25%
Investments
-
-
-
Property, Plant, & Equipment (net)
$24,924
$11,548
-54%
Other Assets
$286,646
$301,279
+5%
Total Assets
$16,128,222
$15,646,990
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$253,691
$723,759
+185%
Grants Payable
-
-
-
Deferred Revenue
$6,379,963
$2,979,783
-53%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$3,000,000
$3,000,000
+0%
Related-Party Payables
$0
$0
-
Other Liabilities
$304,406
$175,003
-43%
Total Liabilities
$9,938,060
$6,878,545
-31%
Net assets
2023
2024
Change
Restricted Net Assets
$1,749,176
$1,216,714
-30%
Unrestricted Net Assets
$4,440,986
$7,551,731
+70%
Net assets
2023
2024
Change
Net assets
+$6,190,162
+$8,768,445
+42%