Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$5,292,121
Other Assets
40%
Receivables (Non-Related)
25%
Cash & Equivalents
22%
Prepaid Expenses
12%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$3,738,444
Other Liabilities
56%
Deferred Revenue
19%
Payables & Accruals
14%
Notes Payable / Debt (Non-Related)
11%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,723,842
$1,177,342
-32%
Receivables (Non-Related)
$2,446,565
$1,328,530
-46%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$683,961
$618,777
-10%
Investments
-
-
-
Property, Plant, & Equipment (net)
$106,511
$49,460
-54%
Other Assets
$283,996
$2,118,012
+646%
Total Assets
$5,244,875
$5,292,121
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$1,090,292
$532,523
-51%
Grants Payable
-
-
-
Deferred Revenue
$935,704
$727,787
-22%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,000,000
$400,000
-60%
Related-Party Payables
-
-
-
Other Liabilities
$142,703
$2,078,134
+1356%
Total Liabilities
$3,168,699
$3,738,444
+18%
Net assets
2023
2024
Change
Restricted Net Assets
$241,716
$3,033
-99%
Unrestricted Net Assets
$1,834,460
$1,550,644
-15%
Net assets
2023
2024
Change
Net assets
+$2,076,176
+$1,553,677
-25%