Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$34,519,147
Receivables (Non-Related)
39%
Cash & Equivalents
27%
Property, Plant, & Equipment (net)
19%
Other Assets
13%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$17,366,698
Deferred Revenue
46%
Notes Payable / Debt (Non-Related)
28%
Other Liabilities
20%
Payables & Accruals
5%
Custodial & Escrow Liabilities
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$2,199,322
$9,413,945
+328%
Receivables (Non-Related)
$12,759,394
$13,599,337
+7%
Related-Party Receivables
$0
-
-
Inventories
$0
-
-
Prepaid Expenses
$171,124
$239,410
+40%
Investments
$0
-
-
Property, Plant, & Equipment (net)
$7,298,111
$6,725,462
-8%
Other Assets
$6,117,810
$4,540,993
-26%
Total Assets
$28,545,761
$34,519,147
+21%
Liabilities
2023
2024
Change
Payables & Accruals
$662,625
$919,207
+39%
Grants Payable
-
-
-
Deferred Revenue
$1,837,200
$8,019,404
+337%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$109,978
$103,125
-6%
Notes Payable / Debt (Non-Related)
$5,626,748
$4,932,875
-12%
Related-Party Payables
-
-
-
Other Liabilities
$5,363,090
$3,392,087
-37%
Total Liabilities
$13,599,641
$17,366,698
+28%
Net assets
2023
2024
Change
Restricted Net Assets
$608,654
$608,654
+0%
Unrestricted Net Assets
$14,337,466
$16,543,795
+15%
Net assets
2023
2024
Change
Net assets
+$14,946,120
+$17,152,449
+15%