Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$17,501,000
Cash & Equivalents
50%
Receivables (Non-Related)
41%
Investments
9%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$15,158,207
Deferred Revenue
81%
Payables & Accruals
19%
Other Liabilities
<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
$19,777,062
$8,789,949
-56%
Receivables (Non-Related)
$5,769,986
$7,144,112
+24%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
$5,030
-
Investments
$1,447,518
$1,530,213
+6%
Property, Plant, & Equipment (net)
$307,526
$31,696
-90%
Other Assets
-
-
-
Total Assets
$27,302,092
$17,501,000
-36%
Liabilities
2023
2024
Change
Payables & Accruals
$2,336,810
$2,927,208
+25%
Grants Payable
-
-
-
Deferred Revenue
$21,429,546
$12,216,554
-43%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$290,275
$14,445
-95%
Total Liabilities
$24,056,631
$15,158,207
-37%
Net assets
2023
2024
Change
Restricted Net Assets
$530,911
$534,918
+1%
Unrestricted Net Assets
$2,714,550
$1,807,875
-33%
Net assets
2023
2024
Change
Net assets
+$3,245,461
+$2,342,793
-28%