Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$21,934,722
Cash & Equivalents
51%
Receivables (Non-Related)
20%
Investments
14%
Other Assets
12%
Property, Plant, & Equipment (net)
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$4,751,826
Other Liabilities
49%
Notes Payable / Debt (Non-Related)
47%
Deferred Revenue
4%
Payables & Accruals
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$11,158,965
$11,214,924
+1%
Receivables (Non-Related)
$1,980,229
$4,368,445
+121%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$45,632
$43,288
-5%
Investments
$1,951,542
$3,084,249
+58%
Property, Plant, & Equipment (net)
$2,565,243
$523,039
-80%
Other Assets
$5,050,343
$2,700,777
-47%
Total Assets
$22,751,954
$21,934,722
-4%
Liabilities
2023
2024
Change
Payables & Accruals
$192,630
$39,016
-80%
Grants Payable
-
-
-
Deferred Revenue
-
$168,225
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,254,000
$2,220,000
-2%
Related-Party Payables
-
-
-
Other Liabilities
$2,288,080
$2,324,585
+2%
Total Liabilities
$4,734,710
$4,751,826
+0%
Net assets
2023
2024
Change
Restricted Net Assets
$4,265,460
$2,714,557
-36%
Unrestricted Net Assets
$13,751,784
$14,468,339
+5%
Net assets
2023
2024
Change
Net assets
+$18,017,244
+$17,182,896
-5%