Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$53,293,734
Other Assets
36%
Receivables (Non-Related)
25%
Cash & Equivalents
23%
Prepaid Expenses
13%
Property, Plant, & Equipment (net)
3%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$26,431,290
Other Liabilities
50%
Deferred Revenue
26%
Payables & Accruals
24%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$22,816,041
$12,518,486
-45%
Receivables (Non-Related)
$11,305,692
$13,549,150
+20%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$8,908,645
$6,788,700
-24%
Investments
-
-
-
Property, Plant, & Equipment (net)
$1,947,138
$1,334,117
-31%
Other Assets
$15,839,823
$19,103,281
+21%
Total Assets
$60,817,339
$53,293,734
-12%
Liabilities
2023
2024
Change
Payables & Accruals
$10,236,311
$6,368,564
-38%
Grants Payable
-
-
-
Deferred Revenue
$4,761,213
$6,798,275
+43%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$9,543,928
$13,264,451
+39%
Total Liabilities
$24,541,452
$26,431,290
+8%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$36,275,887
+$26,862,444
-26%