Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$21,774,567
Receivables (Non-Related)
56%
Property, Plant, & Equipment (net)
19%
Cash & Equivalents
14%
Investments
8%
Prepaid Expenses
3%
Related-Party Receivables
0%
Inventories
0%
Other Assets
0%
Liabilities in 2024 (Year End)
$4,230,061
Deferred Revenue
60%
Payables & Accruals
33%
Other Liabilities
5%
Notes Payable / Debt (Non-Related)
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$5,089,131
$3,150,077
-38%
Receivables (Non-Related)
$10,997,251
$12,205,425
+11%
Related-Party Receivables
-
$0
-
Inventories
-
$0
-
Prepaid Expenses
$605,960
$575,362
-5%
Investments
$1,455,449
$1,751,116
+20%
Property, Plant, & Equipment (net)
$4,297,929
$4,092,587
-5%
Other Assets
-
$0
-
Total Assets
$22,445,720
$21,774,567
-3%
Liabilities
2023
2024
Change
Payables & Accruals
$1,326,724
$1,389,536
+5%
Grants Payable
-
-
-
Deferred Revenue
$2,552,679
$2,535,374
-1%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$112,500
$100,000
-11%
Related-Party Payables
-
-
-
Other Liabilities
$600,563
$205,151
-66%
Total Liabilities
$4,592,466
$4,230,061
-8%
Net assets
2023
2024
Change
Restricted Net Assets
$1,701,535
$1,049,386
-38%
Unrestricted Net Assets
$16,151,719
$16,495,120
+2%
Net assets
2023
2024
Change
Net assets
+$17,853,254
+$17,544,506
-2%