Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$22,731,644
Investments
72%
Cash & Equivalents
24%
Prepaid Expenses
2%
Receivables (Non-Related)
1%
Property, Plant, & Equipment (net)
1%
Other Assets
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$6,917,731
Deferred Revenue
95%
Payables & Accruals
4%
Other Liabilities
2%
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
$6,124,468
$5,434,928
-11%
Receivables (Non-Related)
$1,676,665
$278,160
-83%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$360,624
$484,912
+34%
Investments
$10,935,983
$16,271,258
+49%
Property, Plant, & Equipment (net)
$288,995
$240,902
-17%
Other Assets
-
$21,484
-
Total Assets
$19,386,735
$22,731,644
+17%
Liabilities
2023
2024
Change
Payables & Accruals
$295,797
$269,262
-9%
Grants Payable
-
-
-
Deferred Revenue
$6,258,340
$6,539,064
+4%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$547,380
$109,405
-80%
Total Liabilities
$7,101,517
$6,917,731
-3%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$12,285,218
$15,813,913
+29%
Net assets
2023
2024
Change
Net assets
+$12,285,218
+$15,813,913
+29%