Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$8,600,548
Cash & Equivalents
73%
Other Assets
13%
Property, Plant, & Equipment (net)
9%
Receivables (Non-Related)
4%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,851,669
Notes Payable / Debt (Non-Related)
62%
Payables & Accruals
27%
Deferred Revenue
11%
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
$12,369,210
$6,258,032
-49%
Receivables (Non-Related)
$273,993
$343,267
+25%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$95,333
$101,861
+7%
Investments
-
-
-
Property, Plant, & Equipment (net)
$122,781
$747,640
+509%
Other Assets
$88,105
$1,149,748
+1205%
Total Assets
$12,949,422
$8,600,548
-34%
Liabilities
2023
2024
Change
Payables & Accruals
$443,630
$502,882
+13%
Grants Payable
-
-
-
Deferred Revenue
$112,766
$195,165
+73%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$88,105
$1,149,748
+1205%
Related-Party Payables
-
-
-
Other Liabilities
$7,986
$3,874
-51%
Total Liabilities
$652,487
$1,851,669
+184%
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
+$12,296,935
+$6,748,879
-45%