Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$24,867,283
Other Assets
48%
Property, Plant, & Equipment (net)
18%
Investments
13%
Cash & Equivalents
12%
Receivables (Non-Related)
5%
Prepaid Expenses
4%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$19,007,618
Other Liabilities
59%
Deferred Revenue
33%
Payables & Accruals
8%
Notes Payable / Debt (Non-Related)
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$3,160,755
$3,034,982
-4%
Receivables (Non-Related)
$1,261,801
$1,201,587
-5%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$849,123
$893,499
+5%
Investments
$3,911,725
$3,289,275
-16%
Property, Plant, & Equipment (net)
$4,475,476
$4,458,513
0%
Other Assets
$13,071,926
$11,989,427
-8%
Total Assets
$26,730,806
$24,867,283
-7%
Liabilities
2023
2024
Change
Payables & Accruals
$556,124
$1,428,484
+157%
Grants Payable
-
-
-
Deferred Revenue
$5,751,598
$6,234,481
+8%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,469,379
$139,641
-90%
Related-Party Payables
-
-
-
Other Liabilities
$11,358,832
$11,205,012
-1%
Total Liabilities
$19,135,933
$19,007,618
-1%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$7,594,873
$5,859,665
-23%
Net assets
2023
2024
Change
Net assets
+$7,594,873
+$5,859,665
-23%