Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$16,733,666
Property, Plant, & Equipment (net)
49%
Cash & Equivalents
32%
Receivables (Non-Related)
9%
Other Assets
8%
Prepaid Expenses
1%
Inventories
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$5,458,273
Payables & Accruals
40%
Other Liabilities
37%
Grants Payable
23%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,279,041
$5,409,195
+26%
Receivables (Non-Related)
$1,804,358
$1,443,744
-20%
Related-Party Receivables
-
-
-
Inventories
$94,788
$120,506
+27%
Prepaid Expenses
$106,378
$217,720
+105%
Investments
-
-
-
Property, Plant, & Equipment (net)
$8,048,540
$8,156,104
+1%
Other Assets
$1,318,026
$1,386,397
+5%
Total Assets
$15,651,131
$16,733,666
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$1,995,414
$2,172,161
+9%
Grants Payable
$884,374
$1,255,288
+42%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$1,790,306
$2,030,824
+13%
Total Liabilities
$4,670,094
$5,458,273
+17%
Net assets
2023
2024
Change
Restricted Net Assets
$573,480
$630,960
+10%
Unrestricted Net Assets
$10,407,557
$10,644,433
+2%
Net assets
2023
2024
Change
Net assets
+$10,981,037
+$11,275,393
+3%