Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$32,403,473
Cash & Equivalents
55%
Receivables (Non-Related)
35%
Other Assets
5%
Property, Plant, & Equipment (net)
3%
Prepaid Expenses
2%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,958,982
Other Liabilities
47%
Payables & Accruals
38%
Deferred Revenue
15%
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
$22,157,889
$17,960,709
-19%
Receivables (Non-Related)
$11,307,718
$11,296,749
0%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$405,024
$508,619
+26%
Investments
-
-
-
Property, Plant, & Equipment (net)
$959,886
$868,345
-10%
Other Assets
$2,175,701
$1,769,051
-19%
Total Assets
$37,006,218
$32,403,473
-12%
Liabilities
2023
2024
Change
Payables & Accruals
$1,300,154
$1,499,275
+15%
Grants Payable
-
-
-
Deferred Revenue
$636,598
$579,498
-9%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,266,815
$1,880,209
-17%
Total Liabilities
$4,203,567
$3,958,982
-6%
Net assets
2023
2024
Change
Restricted Net Assets
$21,072,006
$19,006,011
-10%
Unrestricted Net Assets
$11,730,645
$9,438,480
-20%
Net assets
2023
2024
Change
Net assets
+$32,802,651
+$28,444,491
-13%