Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$2,266,265
Cash & Equivalents
69%
Property, Plant, & Equipment (net)
29%
Prepaid Expenses
1%
Receivables (Non-Related)
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$412,767
Deferred Revenue
70%
Payables & Accruals
17%
Notes Payable / Debt (Non-Related)
14%
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
$1,334,756
$1,561,677
+17%
Receivables (Non-Related)
$37,431
$27,160
-27%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$10,605
$28,317
+167%
Investments
-
-
-
Property, Plant, & Equipment (net)
$665,240
$647,911
-3%
Other Assets
$1,038
$1,200
+16%
Total Assets
$2,049,070
$2,266,265
+11%
Liabilities
2023
2024
Change
Payables & Accruals
$63,021
$69,522
+10%
Grants Payable
-
-
-
Deferred Revenue
$235,815
$287,245
+22%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$66,000
$56,000
-15%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$364,836
$412,767
+13%
Net assets
2023
2024
Change
Restricted Net Assets
$9,470
$1,091
-88%
Unrestricted Net Assets
$1,674,764
$1,852,407
+11%
Net assets
2023
2024
Change
Net assets
+$1,684,234
+$1,853,498
+10%