Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$39,746,863
Property, Plant, & Equipment (net)
49%
Other Assets
32%
Cash & Equivalents
19%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in 2024 (Year End)
$31,286,615
Other Liabilities
57%
Deferred Revenue
38%
Payables & Accruals
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
$4,104,891
$7,464,211
+82%
Receivables (Non-Related)
$70,242
$3,895
-94%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$27,251
$72,425
+166%
Investments
-
-
-
Property, Plant, & Equipment (net)
$19,698,904
$19,346,291
-2%
Other Assets
$12,248,721
$12,860,041
+5%
Total Assets
$36,150,009
$39,746,863
+10%
Liabilities
2023
2024
Change
Payables & Accruals
$806,215
$1,525,439
+89%
Grants Payable
-
-
-
Deferred Revenue
$11,629,908
$11,961,457
+3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$16,191,662
$17,799,719
+10%
Total Liabilities
$28,627,785
$31,286,615
+9%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$7,522,224
$8,460,248
+12%
Net assets
2023
2024
Change
Net assets
+$7,522,224
+$8,460,248
+12%