Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$61,103,168
Investments
90%
Cash & Equivalents
3%
Receivables (Non-Related)
2%
Property, Plant, & Equipment (net)
2%
Prepaid Expenses
<1%
Other Assets
<1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$11,373,685
Deferred Revenue
56%
Payables & Accruals
24%
Notes Payable / Debt (Non-Related)
14%
Other Liabilities
7%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,737,396
$1,755,710
+1%
Receivables (Non-Related)
$735,310
$1,460,323
+99%
Related-Party Receivables
-
-
-
Inventories
$420,297
$443,296
+5%
Prepaid Expenses
$1,180,070
$508,227
-57%
Investments
$51,324,810
$55,162,250
+7%
Property, Plant, & Equipment (net)
$743,882
$1,329,566
+79%
Other Assets
$433,362
$443,796
+2%
Total Assets
$56,575,127
$61,103,168
+8%
Liabilities
2023
2024
Change
Payables & Accruals
$1,744,830
$2,739,155
+57%
Grants Payable
-
-
-
Deferred Revenue
$6,442,990
$6,330,796
-2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
$433,362
$0
-100%
Notes Payable / Debt (Non-Related)
$405,865
$1,552,240
+282%
Related-Party Payables
-
-
-
Other Liabilities
$853,401
$751,494
-12%
Total Liabilities
$9,880,448
$11,373,685
+15%
Net assets
2023
2024
Change
Restricted Net Assets
$2,155,750
$2,441,774
+13%
Unrestricted Net Assets
$44,538,929
$47,287,709
+6%
Net assets
2023
2024
Change
Net assets
+$46,694,679
+$49,729,483
+6%