Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$46,566,820
Investments
54%
Cash & Equivalents
19%
Property, Plant, & Equipment (net)
10%
Other Assets
7%
Receivables (Non-Related)
5%
Prepaid Expenses
3%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$13,322,647
Deferred Revenue
79%
Other Liabilities
17%
Payables & Accruals
4%
Grants Payable
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
$9,890,956
$8,986,023
-9%
Receivables (Non-Related)
$3,179,337
$2,435,214
-23%
Related-Party Receivables
-
-
-
Inventories
$513,945
$344,224
-33%
Prepaid Expenses
$1,534,423
$1,594,831
+4%
Investments
$21,182,881
$25,323,420
+20%
Property, Plant, & Equipment (net)
$5,111,639
$4,481,095
-12%
Other Assets
$3,824,363
$3,402,013
-11%
Total Assets
$45,237,544
$46,566,820
+3%
Liabilities
2023
2024
Change
Payables & Accruals
$3,467,368
$544,805
-84%
Grants Payable
-
-
-
Deferred Revenue
$10,148,095
$10,564,421
+4%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$2,491,412
$2,213,421
-11%
Total Liabilities
$16,106,875
$13,322,647
-17%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$29,130,669
$33,244,173
+14%
Net assets
2023
2024
Change
Net assets
+$29,130,669
+$33,244,173
+14%