Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$29,810,090
Cash & Equivalents
49%
Investments
38%
Receivables (Non-Related)
11%
Other Assets
2%
Prepaid Expenses
<1%
Property, Plant, & Equipment (net)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$15,161,618
Notes Payable / Debt (Non-Related)
65%
Payables & Accruals
16%
Deferred Revenue
16%
Other Liabilities
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$15,928,295
$14,491,525
-9%
Receivables (Non-Related)
$5,120,867
$3,234,585
-37%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$241,368
$235,983
-2%
Investments
$6,550,709
$11,292,147
+72%
Property, Plant, & Equipment (net)
$122,047
$74,892
-39%
Other Assets
$551,783
$480,958
-13%
Total Assets
$28,515,069
$29,810,090
+5%
Liabilities
2023
2024
Change
Payables & Accruals
$2,080,494
$2,497,830
+20%
Grants Payable
-
-
-
Deferred Revenue
$7,614,373
$2,364,742
-69%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$9,824,991
$9,824,991
+0%
Related-Party Payables
-
-
-
Other Liabilities
$539,653
$474,055
-12%
Total Liabilities
$20,059,511
$15,161,618
-24%
Net assets
2023
2024
Change
Restricted Net Assets
$7,294,856
$8,347,555
+14%
Unrestricted Net Assets
$1,160,702
$6,300,917
+443%
Net assets
2023
2024
Change
Net assets
+$8,455,558
+$14,648,472
+73%