Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$16,297,983
Cash & Equivalents
65%
Receivables (Non-Related)
29%
Property, Plant, & Equipment (net)
6%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$1,345,817
Grants Payable
82%
Payables & Accruals
18%
Deferred Revenue
0%
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
$9,600,155
$10,602,688
+10%
Receivables (Non-Related)
$3,900,533
$4,755,951
+22%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$105,903
$16,381
-85%
Investments
-
-
-
Property, Plant, & Equipment (net)
$912,750
$922,963
+1%
Other Assets
-
-
-
Total Assets
$14,519,341
$16,297,983
+12%
Liabilities
2023
2024
Change
Payables & Accruals
$280,823
$243,743
-13%
Grants Payable
$401,273
$1,102,074
+175%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$682,096
$1,345,817
+97%
Net assets
2023
2024
Change
Restricted Net Assets
$7,952,496
$7,737,416
-3%
Unrestricted Net Assets
$5,884,749
$7,214,750
+23%
Net assets
2023
2024
Change
Net assets
+$13,837,245
+$14,952,166
+8%