Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$54,763,301
Investments
59%
Property, Plant, & Equipment (net)
31%
Receivables (Non-Related)
5%
Other Assets
2%
Cash & Equivalents
2%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$7,642,774
Payables & Accruals
47%
Deferred Revenue
34%
Other Liabilities
16%
Related-Party Payables
3%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,471,134
$1,289,928
-76%
Receivables (Non-Related)
$2,138,932
$2,680,085
+25%
Related-Party Receivables
$0
-
-
Inventories
-
-
-
Prepaid Expenses
$766,442
$684,973
-11%
Investments
$31,739,337
$32,037,536
+1%
Property, Plant, & Equipment (net)
$9,018,378
$16,777,301
+86%
Other Assets
$1,239,180
$1,293,478
+4%
Total Assets
$50,373,403
$54,763,301
+9%
Liabilities
2023
2024
Change
Payables & Accruals
$3,802,106
$3,602,590
-5%
Grants Payable
-
-
-
Deferred Revenue
$2,626,608
$2,585,935
-2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
$249,477
$226,285
-9%
Other Liabilities
$1,111,301
$1,227,964
+10%
Total Liabilities
$7,789,492
$7,642,774
-2%
Net assets
2023
2024
Change
Restricted Net Assets
$186,559
$574,574
+208%
Unrestricted Net Assets
$42,397,352
$46,545,953
+10%
Net assets
2023
2024
Change
Net assets
+$42,583,911
+$47,120,527
+11%