Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$11,559,795
Investments
45%
Cash & Equivalents
30%
Property, Plant, & Equipment (net)
21%
Other Assets
3%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$1,131,624
Deferred Revenue
68%
Payables & Accruals
32%
Grants Payable
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
$2,345,166
$3,437,225
+47%
Receivables (Non-Related)
$124,339
$18,730
-85%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$79,025
$80,483
+2%
Investments
$4,654,193
$5,247,113
+13%
Property, Plant, & Equipment (net)
$2,023,487
$2,465,117
+22%
Other Assets
$256,869
$311,127
+21%
Total Assets
$9,483,079
$11,559,795
+22%
Liabilities
2023
2024
Change
Payables & Accruals
$517,036
$357,619
-31%
Grants Payable
-
-
-
Deferred Revenue
$558,746
$774,005
+39%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$1,075,782
$1,131,624
+5%
Net assets
2023
2024
Change
Restricted Net Assets
$1,060,501
$1,640,864
+55%
Unrestricted Net Assets
$7,346,796
$8,787,307
+20%
Net assets
2023
2024
Change
Net assets
+$8,407,297
+$10,428,171
+24%