Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$17,846,068
Cash & Equivalents
53%
Other Assets
27%
Prepaid Expenses
8%
Receivables (Non-Related)
8%
Property, Plant, & Equipment (net)
3%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$7,620,524
Other Liabilities
61%
Payables & Accruals
38%
Deferred Revenue
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,622,168
$9,492,160
+10%
Receivables (Non-Related)
$1,279,288
$1,474,294
+15%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$256,328
$1,501,217
+486%
Investments
-
-
-
Property, Plant, & Equipment (net)
$360,151
$582,288
+62%
Other Assets
$5,394,976
$4,796,109
-11%
Total Assets
$15,912,911
$17,846,068
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$3,287,950
$2,888,317
-12%
Grants Payable
-
-
-
Deferred Revenue
$24,811
$57,727
+133%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$5,207,391
$4,674,480
-10%
Total Liabilities
$8,520,152
$7,620,524
-11%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$7,392,759
$10,225,544
+38%
Net assets
2023
2024
Change
Net assets
+$7,392,759
+$10,225,544
+38%