Balance Sheet

Fiscal Year Start:
Not available
Assets in 2024 (Year End)
$5,076,081
Cash & Equivalents
90%
Receivables (Non-Related)
10%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$3,771,810
Deferred Revenue
76%
Grants Payable
24%
Payables & Accruals
<1%
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
$3,880,540
$4,574,506
+18%
Receivables (Non-Related)
$2,250,000
$500,000
-78%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
-
$1,575
-
Investments
-
-
-
Property, Plant, & Equipment (net)
$0
$0
-
Other Assets
$0
$0
-
Total Assets
$6,130,540
$5,076,081
-17%
Liabilities
2023
2024
Change
Payables & Accruals
-
$16,477
-
Grants Payable
$600,000
$900,000
+50%
Deferred Revenue
$3,668,426
$2,855,333
-22%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$0
$0
-
Other Liabilities
$0
$0
-
Total Liabilities
$4,268,426
$3,771,810
-12%
Net assets
2023
2024
Change
Restricted Net Assets
$900,000
$360,000
-60%
Unrestricted Net Assets
$962,114
$944,271
-2%
Net assets
2023
2024
Change
Net assets
+$1,862,114
+$1,304,271
-30%