Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$682,830
Property, Plant, & Equipment (net)
34%
Investments
25%
Cash & Equivalents
23%
Prepaid Expenses
11%
Receivables (Non-Related)
6%
Other Assets
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$2,601,869
Deferred Revenue
>99%
Payables & Accruals
<1%
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
$360,520
$154,497
-57%
Receivables (Non-Related)
-
$43,000
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$117,753
$73,429
-38%
Investments
$196,500
$167,424
-15%
Property, Plant, & Equipment (net)
$235,352
$234,180
0%
Other Assets
$10,300
$10,300
+0%
Total Assets
$920,425
$682,830
-26%
Liabilities
2023
2024
Change
Payables & Accruals
$107,958
$22,105
-80%
Grants Payable
-
-
-
Deferred Revenue
$1,763,656
$2,579,764
+46%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,871,614
$2,601,869
+39%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$951,189
-$1,919,039
-102%
Net assets
2023
2024
Change
Net assets
-$951,189
-$1,919,039
-102%