Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$25,025,974
Other Assets
30%
Property, Plant, & Equipment (net)
25%
Investments
24%
Cash & Equivalents
16%
Receivables (Non-Related)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$3,791,876
Deferred Revenue
94%
Payables & Accruals
6%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,904,418
$4,106,560
-16%
Receivables (Non-Related)
$1,540,490
$1,078,585
-30%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$63,800
$49,836
-22%
Investments
$6,384,679
$5,946,145
-7%
Property, Plant, & Equipment (net)
$4,140,837
$6,282,437
+52%
Other Assets
$7,716,864
$7,562,411
-2%
Total Assets
$24,751,088
$25,025,974
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$497,317
$217,187
-56%
Grants Payable
-
-
-
Deferred Revenue
$4,268,512
$3,574,689
-16%
Tax-Exempt Bond Liabilities
$255,000
$0
-100%
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$735,451
$0
-100%
Total Liabilities
$5,756,280
$3,791,876
-34%
Net assets
2023
2024
Change
Restricted Net Assets
$115,320
$116,659
+1%
Unrestricted Net Assets
$18,879,488
$21,117,439
+12%
Net assets
2023
2024
Change
Net assets
+$18,994,808
+$21,234,098
+12%