Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$23,421,432
Cash & Equivalents
42%
Property, Plant, & Equipment (net)
40%
Investments
17%
Receivables (Non-Related)
<1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$15,728,595
Notes Payable / Debt (Non-Related)
59%
Deferred Revenue
40%
Payables & Accruals
1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,722,016
$9,933,397
+14%
Receivables (Non-Related)
$57,574
$69,217
+20%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$44,748
$35,096
-22%
Investments
$3,445,664
$3,913,632
+14%
Property, Plant, & Equipment (net)
$9,754,529
$9,470,090
-3%
Other Assets
$3,780
$0
-100%
Total Assets
$22,028,311
$23,421,432
+6%
Liabilities
2023
2024
Change
Payables & Accruals
$259,526
$196,478
-24%
Grants Payable
-
-
-
Deferred Revenue
$5,738,326
$6,243,455
+9%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$9,485,068
$9,288,662
-2%
Related-Party Payables
-
-
-
Other Liabilities
-
-
-
Total Liabilities
$15,482,920
$15,728,595
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$523,630
$615,661
+18%
Unrestricted Net Assets
$6,021,761
$7,077,176
+18%
Net assets
2023
2024
Change
Net assets
+$6,545,391
+$7,692,837
+18%