Balance Sheet

Fiscal Year: 2024
Assets in 2024 (Year End)
$31,488,213
Investments
68%
Cash & Equivalents
14%
Property, Plant, & Equipment (net)
12%
Prepaid Expenses
2%
Receivables (Non-Related)
2%
Other Assets
1%
Inventories
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$8,849,957
Deferred Revenue
58%
Payables & Accruals
37%
Other Liabilities
5%
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
$3,512,661
$4,450,244
+27%
Receivables (Non-Related)
$822,008
$589,044
-28%
Related-Party Receivables
-
-
-
Inventories
$128,753
$158,533
+23%
Prepaid Expenses
$415,190
$674,008
+62%
Investments
$19,397,851
$21,504,907
+11%
Property, Plant, & Equipment (net)
$3,046,505
$3,764,965
+24%
Other Assets
$245,084
$346,512
+41%
Total Assets
$27,568,052
$31,488,213
+14%
Liabilities
2023
2024
Change
Payables & Accruals
$2,802,723
$3,268,053
+17%
Grants Payable
-
-
-
Deferred Revenue
$4,359,940
$5,120,056
+17%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$340,067
$461,848
+36%
Total Liabilities
$7,502,730
$8,849,957
+18%
Net assets
2023
2024
Change
Restricted Net Assets
$0
-
-
Unrestricted Net Assets
$20,065,322
$22,638,256
+13%
Net assets
2023
2024
Change
Net assets
+$20,065,322
+$22,638,256
+13%