Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$22,950,048
Investments
38%
Property, Plant, & Equipment (net)
28%
Cash & Equivalents
20%
Other Assets
12%
Receivables (Non-Related)
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$4,404,837
Deferred Revenue
40%
Other Liabilities
27%
Payables & Accruals
17%
Notes Payable / Debt (Non-Related)
15%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,051,659
$4,685,267
-7%
Receivables (Non-Related)
$122,941
$280,861
+128%
Related-Party Receivables
$0
$0
-
Inventories
-
-
-
Prepaid Expenses
$164,830
$133,954
-19%
Investments
$6,817,028
$8,609,539
+26%
Property, Plant, & Equipment (net)
$6,568,779
$6,434,157
-2%
Other Assets
$2,811,809
$2,806,270
0%
Total Assets
$21,537,046
$22,950,048
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$735,646
$770,176
+5%
Grants Payable
-
-
-
Deferred Revenue
$1,340,934
$1,779,816
+33%
Tax-Exempt Bond Liabilities
$0
$0
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$737,945
$653,377
-11%
Related-Party Payables
$0
$0
-
Other Liabilities
$1,398,751
$1,201,468
-14%
Total Liabilities
$4,213,276
$4,404,837
+5%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$17,323,770
+$18,545,211
+7%