Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$12,623,664
Cash & Equivalents
70%
Other Assets
19%
Property, Plant, & Equipment (net)
6%
Receivables (Non-Related)
3%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$1,556,659
Deferred Revenue
51%
Payables & Accruals
25%
Other Liabilities
24%
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
$11,676,135
$8,853,037
-24%
Receivables (Non-Related)
$757,631
$402,236
-47%
Related-Party Receivables
-
$0
-
Inventories
-
-
-
Prepaid Expenses
$166,387
$181,616
+9%
Investments
-
-
-
Property, Plant, & Equipment (net)
$654,694
$773,869
+18%
Other Assets
$2,423,745
$2,412,906
0%
Total Assets
$15,678,592
$12,623,664
-19%
Liabilities
2023
2024
Change
Payables & Accruals
$1,160,293
$389,643
-66%
Grants Payable
-
-
-
Deferred Revenue
$6,705,666
$798,906
-88%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
$0
-
Other Liabilities
$341,507
$368,110
+8%
Total Liabilities
$8,207,466
$1,556,659
-81%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$7,471,126
+$11,067,005
+48%