Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$294,448
Cash & Equivalents
58%
Receivables (Non-Related)
29%
Property, Plant, & Equipment (net)
11%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$90,305
Deferred Revenue
81%
Payables & Accruals
19%
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
$418,622
$171,369
-59%
Receivables (Non-Related)
$115,000
$85,000
-26%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$43,318
$6,817
-84%
Investments
-
-
-
Property, Plant, & Equipment (net)
$29,468
$31,262
+6%
Other Assets
-
-
-
Total Assets
$606,408
$294,448
-51%
Liabilities
2023
2024
Change
Payables & Accruals
$12,505
$17,055
+36%
Grants Payable
-
-
-
Deferred Revenue
$156,500
$73,250
-53%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$169,005
$90,305
-47%
Net assets
2023
2024
Change
Restricted Net Assets
$96,500
$85,000
-12%
Unrestricted Net Assets
$340,903
$119,143
-65%
Net assets
2023
2024
Change
Net assets
+$437,403
+$204,143
-53%