Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$20,649,661
Investments
34%
Other Assets
27%
Cash & Equivalents
24%
Receivables (Non-Related)
11%
Prepaid Expenses
2%
Property, Plant, & Equipment (net)
2%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$14,885,460
Deferred Revenue
58%
Other Liabilities
39%
Payables & Accruals
4%
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
$1,403,479
$5,040,392
+259%
Receivables (Non-Related)
$2,657,744
$2,252,270
-15%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$539,495
$459,882
-15%
Investments
$5,070,081
$7,033,747
+39%
Property, Plant, & Equipment (net)
$477,354
$315,152
-34%
Other Assets
$4,825,980
$5,548,218
+15%
Total Assets
$14,974,133
$20,649,661
+38%
Liabilities
2023
2024
Change
Payables & Accruals
$451,235
$521,491
+16%
Grants Payable
-
-
-
Deferred Revenue
$3,803,185
$8,618,199
+127%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$5,393,294
$5,745,770
+7%
Total Liabilities
$9,647,714
$14,885,460
+54%
Net assets
2023
2024
Change
Restricted Net Assets
$946,335
$946,335
+0%
Unrestricted Net Assets
$4,380,084
$4,817,866
+10%
Net assets
2023
2024
Change
Net assets
+$5,326,419
+$5,764,201
+8%