Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$8,822,392
Investments
37%
Cash & Equivalents
24%
Other Assets
18%
Property, Plant, & Equipment (net)
9%
Prepaid Expenses
7%
Receivables (Non-Related)
5%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$4,805,826
Deferred Revenue
63%
Payables & Accruals
18%
Other Liabilities
16%
Notes Payable / Debt (Non-Related)
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,211,364
$2,124,093
-4%
Receivables (Non-Related)
$583,831
$419,968
-28%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$528,861
$641,349
+21%
Investments
$3,007,859
$3,255,663
+8%
Property, Plant, & Equipment (net)
$769,631
$794,340
+3%
Other Assets
$1,965,015
$1,586,979
-19%
Total Assets
$9,066,561
$8,822,392
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$1,240,428
$864,083
-30%
Grants Payable
-
-
-
Deferred Revenue
$2,556,458
$3,039,340
+19%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$150,000
$150,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$1,297,661
$752,403
-42%
Total Liabilities
$5,244,547
$4,805,826
-8%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$3,822,014
$4,016,566
+5%
Net assets
2023
2024
Change
Net assets
+$3,822,014
+$4,016,566
+5%