Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$375,527,423
Investments
87%
Other Assets
4%
Cash & Equivalents
3%
Receivables (Non-Related)
2%
Property, Plant, & Equipment (net)
2%
Prepaid Expenses
1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$180,556,904
Deferred Revenue
78%
Payables & Accruals
15%
Other Liabilities
6%
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
$19,686,394
$11,415,354
-42%
Receivables (Non-Related)
$10,312,293
$8,509,991
-17%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$3,943,844
$5,620,342
+43%
Investments
$287,512,351
$328,361,066
+14%
Property, Plant, & Equipment (net)
$3,261,953
$7,302,043
+124%
Other Assets
$17,441,253
$14,318,627
-18%
Total Assets
$342,158,088
$375,527,423
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$30,006,359
$27,786,407
-7%
Grants Payable
-
-
-
Deferred Revenue
$133,090,035
$141,151,186
+6%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$14,390,893
$11,619,311
-19%
Total Liabilities
$177,487,287
$180,556,904
+2%
Net assets
2023
2024
Change
Restricted Net Assets
$6,206,017
$6,274,779
+1%
Unrestricted Net Assets
$158,464,784
$188,695,740
+19%
Net assets
2023
2024
Change
Net assets
+$164,670,801
+$194,970,519
+18%