Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$24,348,116
Investments
57%
Property, Plant, & Equipment (net)
22%
Cash & Equivalents
19%
Prepaid Expenses
<1%
Other Assets
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$4,419,337
Notes Payable / Debt (Non-Related)
62%
Other Liabilities
23%
Deferred Revenue
10%
Payables & Accruals
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,059,752
$4,697,456
-7%
Receivables (Non-Related)
$27,556
$16,002
-42%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$214,696
$147,707
-31%
Investments
$15,321,326
$13,999,153
-9%
Property, Plant, & Equipment (net)
$5,705,832
$5,445,325
-5%
Other Assets
-
$42,473
-
Total Assets
$26,329,162
$24,348,116
-8%
Liabilities
2023
2024
Change
Payables & Accruals
$168,023
$247,085
+47%
Grants Payable
-
-
-
Deferred Revenue
$313,334
$430,516
+37%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$2,823,938
$2,726,726
-3%
Related-Party Payables
-
-
-
Other Liabilities
$1,000,000
$1,015,010
+2%
Total Liabilities
$4,305,295
$4,419,337
+3%
Net assets
2023
2024
Change
Restricted Net Assets
$3,359,547
$3,951,650
+18%
Unrestricted Net Assets
$18,664,320
$15,977,129
-14%
Net assets
2023
2024
Change
Net assets
+$22,023,867
+$19,928,779
-10%