Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$13,127,088
Cash & Equivalents
58%
Receivables (Non-Related)
29%
Property, Plant, & Equipment (net)
11%
Other Assets
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,014,176
Deferred Revenue
43%
Payables & Accruals
37%
Notes Payable / Debt (Non-Related)
20%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$6,473,392
$7,637,593
+18%
Receivables (Non-Related)
$2,477,870
$3,867,073
+56%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$42,860
$59,117
+38%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,460,131
$1,439,338
-1%
Other Assets
$26,781
$123,967
+363%
Total Assets
$10,481,034
$13,127,088
+25%
Liabilities
2023
2024
Change
Payables & Accruals
$299,800
$373,524
+25%
Grants Payable
-
-
-
Deferred Revenue
-
$434,355
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$245,590
$206,297
-16%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$545,390
$1,014,176
+86%
Net assets
2023
2024
Change
Restricted Net Assets
$6,196,096
$7,858,362
+27%
Unrestricted Net Assets
$3,739,548
$4,254,550
+14%
Net assets
2023
2024
Change
Net assets
+$9,935,644
+$12,112,912
+22%