Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$22,567,000
Investments
85%
Cash & Equivalents
8%
Other Assets
4%
Property, Plant, & Equipment (net)
2%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)
$4,341,659
Deferred Revenue
64%
Payables & Accruals
22%
Other Liabilities
13%
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
$2,842,074
$1,825,533
-36%
Receivables (Non-Related)
$443,132
$100,456
-77%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$84,719
$152,004
+79%
Investments
$7,419,734
$19,186,687
+159%
Property, Plant, & Equipment (net)
$53,996
$388,902
+620%
Other Assets
$495,185
$913,418
+84%
Total Assets
$11,338,840
$22,567,000
+99%
Liabilities
2023
2024
Change
Payables & Accruals
$806,882
$970,691
+20%
Grants Payable
-
-
-
Deferred Revenue
$2,857,866
$2,794,700
-2%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$616,943
$576,268
-7%
Total Liabilities
$4,281,691
$4,341,659
+1%
Net assets
2023
2024
Change
Restricted Net Assets
$1,846,992
$18,225,341
+887%
Unrestricted Net Assets
$5,210,157
$0
-100%
Net assets
2023
2024
Change
Net assets
+$7,057,149
+$18,225,341
+158%